Laying-off permanent workers is so difficult and costly that companies have a strong preference for temp jobs, even if it is at the expense of productivity. When labor protection has become excessive and unaffordable, as it is in France, labor market institutions must be reformed.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 5 total Eric Chaney quotes in our collection. Eric Chaney is known for saying 'Laying-off permanent workers is so difficult and costly that companies have a strong preference for temp jobs, even if it is at the expense of productivity. When labor protection has become excessive and unaffordable, as it is in France, labor market institutions must be reformed.' as well as some of the following quotes.
The leading indicators are rising. This is backed by credit data which show acceleration of loans to the private sector.
Laying-off permanent workers is so difficult and costly that companies have a strong preference for temp jobs, even if it is at the expense of productivity. When labor protection has become excessive and unaffordable, as it is in France, labor market institutions must be reformed.
It's back to local politics. The federal dimension of Europe is more in the background than in the 1990s, and individual countries are becoming more important.
This quote is just one of 5 total Eric Chaney quotes in our collection. Eric Chaney is known for saying 'Laying-off permanent workers is so difficult and costly that companies have a strong preference for temp jobs, even if it is at the expense of productivity. When labor protection has become excessive and unaffordable, as it is in France, labor market institutions must be reformed.' as well as some of the following quotes.