---
title: American layoffs are faster
date: "2001-08-09T12:00:00Z"
categories:
  - links
wp_id: 1713
description: Understand how America's flexible labor laws, which facilitated rapid growth during the economic boom, result in faster layoffs and higher volatility during market downturns compared to more rigid international labor standards.
keywords: [labor laws, layoffs, volatility, employment, economic cycles, labor market flexibility]
---

When the boom was on, America's flexible labour laws made it a haven. With the slowdown, [American layoffs are faster](http://www.washingtonpost.com/wp-dyn/articles/A35957-2001Aug5.html). Flexible labour laws come with the penalty of volatility.