Oliverbug2020-11-21 23:21:42

Because businesses are slow to fire workers, these costs tend to rise into the early stages of recession as the existing workforce is used less intensely. Late in the recovery when the labor market gets tight, upward pressure on wages can also raise such costs. In both cases, there is a clear lag at cyclical turns 1）这个unit labor cost指的是什么？？每个工人的工资吗？ 2）第一个case，是什么意思？是在衰退早期的时候工人们不怎么工作了，那他们的cost为什么会上升？以及为什么在早期，是一个lagging 呢？ 3）繁荣后期，劳动力市场变得紧张了，cost会变大，我理解。这个滞后于繁荣期，是吗？