While Large Firms Can Afford Layoffs, Small Companies Are Labor Hoarding
Allwork
SEPTEMBER 7, 2022
“As the cost of losing people to layoffs and firings has grown, the number of layoffs and firings has fallen,” said Julia Pollak, chief economist at ZipRecruiter. Labor market dynamics have fundamentally changed: time-to-hire, recruiting costs, and hiring costs have all grown substantially.” .
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