> at least contain exactly who you worked for and the time period as well as possibly your title. None of that is provided in the WARN act
We're talking about the information asymmetry in hiring and firing. Why does knowing the titles and time periods of those laid off in the past help you estimate your lay-off odds in the future?
I thought the one and only thing HR would confirm when background check is employment dates. it's shakey on if they will delineate between termination, layoffs/RiF, or simply leaving, though.
>Why does knowing the titles and time periods of those laid off in the past help you estimate your lay-off odds in the future?
I don't know. Why does knowing my titles and time period help businesses judge how useful I'll be for this new position? It's the same issue but that's where the asymmetry is. People seem fine with big business being able to do that but not prospective employees who may care about retention rates.
But to answer your question: retentions rates let me know how hard the company will try to keep me during bad/down times. Someone who can't even retain for 2 years probably has smoke.
What? I don't want you to know when I was fired and why. Employment reports typically don't contain the why either because that's litigation bait.