Labor Market Flexibility Versus Job Security -- Why Versus?
NEIS Original Ink
Opinion

Labor Market Flexibility Versus Job Security -- Why Versus?

William A. Douglas, November 1, 2000

In This Document: In this piece William A. Douglas argues that a nation with a flexible labor market, able to shift workers from one economic activity to another quickly without social disruption, would have a competitive advantage over countries unable to adjust to the rapidly changing demands for new working skills in the new economy.