Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Perhaps someone can explain to me how the ability to fire people more easily will boost the labor participation rate?

Is it that the fear that once a firm hires someone they will never be able to let them go in case of a business downturn?

As far back as I can remember, the drumbeat from business associations has been exactly that. It never made sense to me, but then again I'm not an employer.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman
by Carrie (migeru at eurotrib dot com) on Wed Mar 29th, 2006 at 03:45:34 PM EST
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