Maybe in the U.S... in parts of South America and Europe the administrative overhead of hiring new people (and the hefty penalties for firing) means that hiring has to be really, really well justified.
That of course makes for a less mobile market, a stagnation culture (IMO), and less entrepreneurism I suspect (though getting a state-paid job that can realistically mean 20 hrs/week of actual work and doing jobs on the side is very common).
I know a company that was outsourcing work to Argentina and was not entirely happy with said work. But they had a lot of knowledge sunk there.
Argentina decided to respond to the downturn by bringing in legislation that would make the cost of firing people even higher. That fact pushed the US company to fire the Argentina employees right away rather than waiting for it to get more expensive.
That of course makes for a less mobile market, a stagnation culture (IMO), and less entrepreneurism I suspect (though getting a state-paid job that can realistically mean 20 hrs/week of actual work and doing jobs on the side is very common).