The Patriot Post® · Less Fluid Job Market Caused by Regulation

The Federal Reserve Bank of Kansas City released a study at the Jackson Hole Economic Policy Symposium showing America’s labor market is less fluid than it was in the past – and that’s a problem for the future of the nation’s economy. Minimum-wage laws, the chipping away at the employment-at-will doctrine, ObamaCare, all contribute to more workers staying in their jobs for longer. The American Enterprise Institute pointed out, “When Americans are on the move, America is on the move. And right now, we aren’t – with evidence to suggest bad government policy shares a large chunk of the blame.” More…