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by ykler
3129 days ago
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Do you have evidence of this? This web page suggests that the extra costs in the UK are not that high: https://www.crunch.co.uk/knowledge/employment/how-much-does-... In some European countries it is hard to fire workers, which could be a serious issue, but in general it is hard to believe that hiring in Western Europe is not cheaper than in the US, usually. |
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In short, the apparent arbitrage opportunity doesn’t actually exist. As you would expect in any semi-liquid, semi-efficient market.