Less Hiring—Not More Layoffs—Is Cause of Weak Job Market


by The Heritage Foundation on Sep 12, 2014 | Views: 211 | Score: 0
Sources: bls.gov
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The Heritage Foundation
The Heritage Foundation on Sep 12, 2014 7:30 AM said:

In the aftermath of the recession, there was a dropoff in new hires and a spike in layoffs. However, the number of layoffs returned to pre-recession levels within a year, while six years later new hires remain significantly below the pre-recession level of 15.4 million jobs per quarter.