October 14, 2009
Terms Of The Recession
Here is one from the weekly Herman Trend Alert of which I was not familiar:
“corporate cocooning” – staying put out of fear
A rather appropriate construction for today’s economy, wouldn’t you say? Here is the paragraph from which it is used:
Due to “corporate cocooning” (staying put out of fear), the “unprecedented churning” of the labor market we have forecast in the past has not yet happened. Now, we again see a high level of expectation of job hopping. Wise employers will heed this warning and take steps now to engage their valued employees and avoid this unwanted turnover.
