... employees are a cost, usually the most significant one faced by firms (Mike Norman Economics). For that reason, every rational entrepreneur’s goal is to reduce, not increase, the number of workers they have to pay....
Second and more fundamentally, no matter how much you lower costs, if you don’t have more customers, you won’t hire more workers. If the demand for goods and services stays where it is today and we only cut industry taxes and regulations, there is absolutely no reason to think that firms would expand employment.... The direct route to reducing unemployment is boosting demand, not reducing costs.Read it at Forbes | Leadership
The Real Job Creators: Consumers
by John T. Harvey | Professor of Economics, Texas Christian University