Foundation for Economic Education
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Companies Seek Relief in Layoffs
Posted By Sheldon Richman
“Furloughs, wage reductions, hiring freezes and shorter hours simply did not do enough. A year into this recession, companies across the board are resorting to mass job cuts.” (New York Times [1], Tuesday)
Payment for bad policy has come due.
FEE Timely Classic
“Inflation and Unemployment” [2] by Hans F. Sennholz
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/companies-seek-relief-in-layoffs/
URLs in this post:
[1] New York Times: http://www.nytimes.com/2009/01/27/business/economy/27layoffs.html?ref=todayspaper
[2] “Inflation and Unemployment”: http://www.thefreemanonline.org/columns/inflation-and-unemployment/
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