> In addition, we go from a phase where people new in the job market (students etc) were being hired quickly to no one hiring them. So there are both laid off people and new entrants added to the pool.
I don’t think that’s necessarily true. Hiring students is much cheaper so companies may still hire them whilst letting go of other expensive employees at a cost of quality.
I don’t think that’s necessarily true. Hiring students is much cheaper so companies may still hire them whilst letting go of other expensive employees at a cost of quality.