A list of reasons I consider plausible from the comments, plus my thoughts on them: [An employee loses more by quitting (entire wage for living!) than the employee loses by firing (one employee out of many).] -But also doesn't seem to be the case for very high-paid fields.https://twitter.com/Aella_Girl/status/1091062206685360128 …
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yeah, when you get hired, there’s a certain expectation that you’ll get to stay unless you’re unusually bad. layoffs obviously exist, but at the cost of a lot of bad pr
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Higher level imbalances than direct worker-employer relations matter too. There's little disincentive to hoard capital in a low-tax, low-inflation global economy. Workers always need to earn & spend now, capital can keep their powder dry. Apple sitting on billions in cash, etc.
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