While that may be desirable, reality would depend on whether unemployment is high or low. If there's too few people to fill jobs, then this will absolutely be the result. If there's too many people to fill jobs, then it won't.
It's like an article I read a while ago about the dating scene in universities. A few years ago, there came to be more girls than guys in universities, and so the average guy could afford to become a slob and still attract the attention of pretty girls. It's just a matter of supply and demand.
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While that may be desirable, reality would depend on whether unemployment is high or low. If there's too few people to fill jobs, then this will absolutely be the result. If there's too many people to fill jobs, then it won't.
It's like an article I read a while ago about the dating scene in universities. A few years ago, there came to be more girls than guys in universities, and so the average guy could afford to become a slob and still attract the attention of pretty girls. It's just a matter of supply and demand.