There is constant chatter among the chattering class that business is not hiring people fast enough — sitting on their money.
Business has no obligation to hire anyone, anytime.
Business is not a welfare program — not a social service.
Whatever, or whoever gave you chatterers the impression that providing jobs was, or is an obligation of a business?
On the contrary, the purpose of a business is to make a profit by maximizing its profit and minimizing its costs, and with labor a major part of the cost it pays to automate where possible.
Under the old Soviet style of business, after checking into the Cosmos Hotel in Moscow, I was sent to still another desk to get a key from the “Key Lady.” Then when I left the room, I was supposed to give my key to the “Key Lady” on the floor, then there were meat shops, and bread shops, and veggie shops (mostly empty but…FULL EMPLOYMENT, until implosion.
They learned their lesson. Greece, Ireland, Spain, et al are still relearning theirs…
Slow studies…you “analysis” apparently think that businesses have some obligation to hire beyond their needs, and I can assure you that businesses understand their needs better than you do!
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