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In response to
"Some that are pushing it argue that it won't because of increased demand for goods. "
by
spamlet
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And I'm skeptical about the level of job loss. Hiring for a while now has been based more on demand than cost. Costs have already been cut. Hiring
Posted by
pmb (aka pmb)
Feb 18 '14, 12:09
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has lagged because lean staffing has been able to satisfy demand. No doubt it will result in higher prices and some job losses around the margins, but I'm skeptical of major layoffs in response. They have to meet demand for products.
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Responses:
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