Will a hiring spree help the economy as expected?
Amazon has announced a hiring spree that will employ around 100,000 in the next 18 months. Big companies like IBM and Ford plan to follow. Yet, although a hiring spree sounds like a positive action, especially for Trump's agenda of creating more American jobs, it might not help the economy as expected.
Bloomberg states:
Research groups have argued that the company kills more jobs than it creates because it has disrupted the traditional retail industry.What do you think?