Unemployed people protest the lack of financial relief from the state in Denver, Colorado. David Rosenberg says the so-called “jobless recovery” we saw after the Great Financial Crisis might end up proving to have been an absolute bonanza in retrospect. Article content
The pandemic’s impact in all aspects, from the government-mandated shutdowns, the infections themselves and the impact on economic behavior, as well as the seemingly permanent loss of employment, have led to a massive reorganization of the labour force. Companies have learned to adapt and in so doing have shifted their production inputs from labour to capital. We […]
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