zlacker

>>claude+(OP)
I wish them good luck with that, when there's 15% unemployment.

>>supern+Y7
An unemployment rate of 15% cuts both ways. Mass walkouts and mass resignations are still disruptive especially if it takes time to onboard new employees.

>>tareqa+a9
How does a high unemployment rate cut both ways? Seems like it only favors the employer — they'll have an easier time hiring new employees, and employees will have a harder time finding other jobs.

Is there a way in which a high unemployment rate gives the employees leverage? I can see walkouts happening right now because Amazon employees know the company is under scrutiny and therefore less likely to fire them. But I doubt many people will 'put their money where their mouth is' and actually resign when the economy is doing poorly and there are very few jobs (and lots of job seekers).