Labor Market Needs More Fluidity and Dynamism

Not more rules and regulations.

A recent review of job vacancy postings on popular sites like, CareerBuilder and Craigslist revealed hundreds that said employers would consider (or at least “strongly prefer”) only people currently employed or just recently laid off.

Attempts to “solve” this problem with more regulations will make people even less attractive to hire. Regulations have made employees too much of a liability. Threats of unionization, difficulty firing, mandated benefits and pay all increase the potential liability and cost of hiring.



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