Temporary layoffs are common in the United States, especially among workers who are heavily invested with specific training. Why?
A) Specific training deteriorates quickly, so a laid-off worker with specific training is not valuable to any firm.
B) The laid-off worker with specific training is more valuable to the firm that laid her off than she is to any other firm. Thus, it is in the worker's best interest to remain unemployed until recalled to work at her original firm.
C) Workers without specific training are never hired in the first place.
D) Workers with specific training know they do not need to work hard when employed.
E) Unemployment benefits are tied to specific training.

Question

Quizplus · Accepted Answer

Workers with specific training are more valuable to their original firm due to their specialized skills, making it beneficial for them to wait for reemployment there rather than seek work elsewhere where their specific skills may not be as valued.

Temporary Layoffs Are Common in the United States, Especially Among