Answer: firms are unlikely to be able to lure desirable employees from a different company
As a result of relatively high unemployment _____.
Research indicates recovery from financial crises can be protracted relative to typical recessions with lengthy periods of high unemployment and substandard economic growth. Compared against combined financial crises and recessions in other countries the U.S. employment recovery following the 2007–2009 recession was relatively …
High and the persistent unemployment in which economic inequality increases has a negative effect on subsequent long-run economic growth. Unemployment can harm growth because it is a waste of resources; generates redistributive pressures and subsequent distortions; drives people to poverty; constrains liquidity limiting labor mobility; and erodes self-esteem promoting social dislocation unrest and conflict. The 2013 winner of the Nobel Prize in Economics Robert J. Shiller said that rising inequali…
Causes of unemployment in the United States - Wikipedia
Financial crisis of 2007–2008 - Wikipedia
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Causes of unemployment in the United States - Wikipedia
Income inequality in the United States is the extent to which income is distributed in differing amounts among the American population. It has fluctuated considerably since measurements began around 1915 moving in an arc between peaks in the 1920s and 2000s with a 30-year period of relatively lower inequality between 1950 and 1980.
Another period of high unemployment occurred in the early 2000...