4 ms·
The recession triggered changes in organiztion structure accross a wide variety of areas. This led to re-negotiation or termination of previously existing emplo
by 001sky 12y ago
The recession triggered changes in organiztion structure accross a wide variety of areas. This led to re-negotiation or termination of previously existing employment contracts. When there is a market failure to re-negotiate such contracts on mutualy agreeable terms, the parties are no longer in an employee/employer relationship. The parties are not in the workforce. Whether they are declared "unemployed" or not is a bit of a shambolic side debate about window dressing.