Does fewer labour force participants means less competition. The truth is much less helpful. When able workers drop out of the job market their households make do with less income & their long term financial health may be threatened. , , as savings are depleted.
The economy suffers too, as it chugs its way out of recession, it looses its contribution as worker and buying power as consumers. Discouraged workers cant get the economy moving. These may even jump into the marekt as and when the maket improves its position of hiring quality.
:SugarwareZ-056:
The economy suffers too, as it chugs its way out of recession, it looses its contribution as worker and buying power as consumers. Discouraged workers cant get the economy moving. These may even jump into the marekt as and when the maket improves its position of hiring quality.
:SugarwareZ-056: