Tag Archives: Impact of Labor Market Regulations

The Impact of Labor Market Regulations (II)

3 Feb

Congress increased the length of eligibility for unemployment benefits to almost two years. In response, some of the people receiving those extended benefits began to seriously seek “offthe- books” jobs, just as their counterparts have long done in Europe. What is a way of life for the unemployed in France, Italy, and Spain has started [...]

The Impact of Labor Market Regulations (I)

30 Jan

In many European countries, particularly France, Germany, and Italy, firing a poorly performing worker is extremely difficult, and in some cases impossible. The amount of paperwork and legal proceedings that an employer has to undertake to get rid of a worker is sometimes beyond belief—at least for Americans.