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Re:Restaurant workers quit at record rate by disgruntledphd2 on Tuesday July 20, 2021 @12:22PM (#27895767)
This is why furlough schemes (done for ages in Germany, and much of Western Europe during the pandemic) are a good idea.
Re:Restaurant workers quit at record rate by chomp on Tuesday July 20, 2021 @12:49PM (#27896116)
I don't know about that. I do think it's way way better than helicopter money and PPP loans, but I don't think it'd help this particular issue. Flushing people out of a local maximum (in terms of effort to compensation) will just have them searching for a new local maximum. A lot might find that their old local maximum was one of the least optimal. Furloughing people gives them time to better optimize. Which in my opinion is good for the workers, but I think you'd still see some people hunting around- they just wouldn't have a fire lit under them.