Federal Reserve Bank of Richmond: 'Hiring Puzzle: Why Do Firms Decrease Hiring So Much in Recessions?'
March 29, 2025
March 29, 2025
RICHMOND, Virginia, March 29 (TNSres) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 25-10) in March 2025 by Katarina Borovickova entitled "Hiring Puzzle: Why Do Firms Decrease Hiring So Much in Recessions?".
Richmond Fed Economist Tackles the "Hiring Puzzle" in Recessions
Why do firms drastically reduce hiring during economic downturns, leading to significant spikes in unemployment? This question, known as the " . . .
Richmond Fed Economist Tackles the "Hiring Puzzle" in Recessions
Why do firms drastically reduce hiring during economic downturns, leading to significant spikes in unemployment? This question, known as the " . . .