If employers must hire 14 29-hour employees to do the work formerly done by 10 full timers, the unemployment rate will drop, even if hours worked stays the same.
Win-Win, Baby!
Win-Win, Baby!
I wish you really were being sarcastic......but that’s exactly what is going on here.......they can’t deal with reality.....so now they try to redefine it.....
This is true, but I expect there's a baseline cost to a company to hire an employee, so they can't just replace all the full time workers with more part time workers for the same cost.
Also, having progressive income taxes means that more part time workers could end up reducing the total amount of income tax paid, further adding to the deficit.