Employment Exit

In the short run, keeping employees attached to their employers through the PPP and other such schemes is reasonable. However, the slower the economic recovery, the less helpful this strategy. That is because the weaker the revival, the deeper the structural changes to the economy. In this case, we must encourage the movement of workers from shrinking sectors like travel to ones that are growing, like IT and warehousing.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.