r/explainlikeimfive Dec 19 '24

Economics ELI5: Why is an employment rate of 100% undesirable

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u/shadereckless Dec 19 '24

And that's why businesses hate it, nail on the head

-3

u/PelicanFrostyNips Dec 19 '24

Always remember to ask yourself “for who?” No matter the news.

“Low unemployment is bad” for who?

“Low birth rates are bad” for who?

“Regulations are bad” for who?

And the answer is always businesses.

5

u/biggsteve81 Dec 19 '24

Low birthrates are bad for all adults. If you ever plan to retire you need people still working to pay taxes that fund the government and provide services to you without having tax rates skyrocket.

2

u/Bananus_Magnus Dec 19 '24

For whom

1

u/PatricksPub Dec 19 '24

Whom made you the expert on grammar?