Labor Hoarding Instead of Layoffs
WJR Business Beat
English - October 17, 2022 07:00 - 2 minutes - 1.99 MB - ★★★★★ - 2 ratingsEntrepreneurship Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Unemployment rates are near record lows almost every month. And the reason for that some people think is labor hoarding, which is companies are hanging onto their employees during this tough economic stretch because they believe it will be more profitable for the company in the long run.