Originally posted by sgtclub
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The job market and economic growth are connected. You cannot have less risk in the job market without economic growth, unless everybody is employed by the state. Oh, wait a minute. I see where you are going with this . . .
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Job security and economic growth are connected, but not in the way you think. Making it easier for employers to fire or lay off workers and off shore jobs makes the economy more efficient, and likely leads to faster growth of GDP, but it decreases job security.
It's harder to fire workers in Europe and Japan than in the US. If there is a backlash against gains in productivity, immigration and offshoring, americans could decide US workers need protection and make the US job market less liquid.
