Here is the scoop, as I see it. (I have mentioned this before). It is much easier to find a match using internet technology. So the transaction interval to get a worker when you want one, that interval is smaller. But, get nto channel theory here) that means in rates are faster. Businesses hire in smaller groups at more frequent intervals. (-Log(i), where i is the rate or probability of occurrence < 0. Everything has to be scaled such that the probability of something happening is 1.0.
Anyway, employers are pushing inventory back and their transaction time at the hiring queue is increasingly being fixed by technology. The result is more worker turnover as labor can be more specialized using the new hiring technology. Churn has been sped up.
Throughout the economy it is the same effect, information technology causing transaction rates to increase, relative to the past. Hence, we want to move people and cargo in smaller quants, more often. Robots are taking over.
Why did the effect take place with the crash?
It was just a capitulation to efficiency. A retooling done in the wake of the crash.
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