| "Any ideas?" Laws in the US are generally designed to make jobs temporary, as opposed to places like Japan and Germany where they're designed to keep you in one place for life. - It's very easy to fire workers in most places. - No compete clauses in employee contracts are invalid in many states. - Most jobs don't have significant barriers to entry. Some do like medicine, law, teaching, etc., but plenty of others have none at all. (E.g. consulting.) - It's very easy to create and dissolve companies, and companies themselves are designed to be temporary. - Most industries are severely under regulated, it's easy for companies to switch between different industries and workforces. Health care is the one big exception, but since every large employer needs to offer health care it's only a moderate barrier. |
Would you mind elaborating on this? I feel that this should be true, but in practice there are so many heavily branded names that it's hard to actually believe it.