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- Feb 2017
For a boss to fire a worker is at most a minor inconvenience; for a worker to lose a job is a disaster. The Holmes-Rahe Stress Scale, a measure of the comparative stress level of different life events, puts being fired at 47 units, worse than the death of a close friend and nearly as bad as a jail term. Tellingly, “firing one of your employees” failed to make the scale.
Because of State labor laws, stupid. They make it hard to change jobs, hard to fire workers and hence hard to hire workers. In a libertarian world this would in principle be much smoother.