Labor Hoarding Instead of Layoffs

17/10/2022 6 min Episodio 180
Labor Hoarding Instead of Layoffs

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Episode Synopsis

Mark Dent, The Hustle, explains that the unemployment rate is at near record lows almost every month. And the reason for that is a labor hoarding. Companies are hanging onto their employees during this tough economic stretch because they believe it will be better and more profitable for the company in the long run.