Options for Reducing an Expected Labor Surplus
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Expert Answer
Workforce reduction as well as Unpaid leave give the fastest results, but it also causes a high amount of human suffering
Work sharing and Transfer give fast results and cause moderate human suffering
Hiring freeze and retirement cause low human suffering, but these methods are also slow to give desired results.
The appropriate matches are following
Human Suffering Speed Category
High Fast Workforce reduction, Unpaid leave
Moderate Fast Work sharing, Transfer
Low Slow Hiring freeze, retirement