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[parent] [thread] 2 comments
1. neilwi+(OP)[view] [source] 2023-11-18 10:17:41
Jobs on offer are fewer than number of unemployed.

Therefore jobs are scarce.

Only when there is a vast surplus of jobs will competition do the work. Until then you need regulation.

replies(1): >>sophac+7y
2. sophac+7y[view] [source] 2023-11-18 14:15:20
>>neilwi+(OP)
And regulators that dont cite "low unemployment" when they raise interest rates.
replies(1): >>eru+ai7
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3. eru+ai7[view] [source] [discussion] 2023-11-20 10:04:50
>>sophac+7y
They actually do, from time to time.
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