Yeah for quite some time I have been saying labor is priced artificially low. All of the barriers to finding a new job while working. All the risks of even short-term unemployment. Workers are already fucked by the power imbalance but without any liquidity in the labor market it’s so much worse. WFH adds liquidity, they hate it.
Yeah for quite some time I have been saying labor is priced artificially low. All of the barriers to finding a new job while working. All the risks of even short-term unemployment. Workers are already fucked by the power imbalance but without any liquidity in the labor market it’s so much worse. WFH adds liquidity, they hate it.