A Wall Street Journal headline to remember
Indeed, that is exactly what has happened if one compares the hiring and separation rates in the recession versus the recovery. Average hiring has been lower during the recovery than during the recession. But separations fell by more than hiring. Almost all the drop in separations has been due to a drop in quits, which is actually pretty bad because it indicates that people are fearful about not getting a new job.
My guess is that the WSJ headline prove to be wrong.
Labels: unemployment
0 Comments:
Post a Comment
<< Home