Economist predicts the blatantly obvious
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Eh, it varies country by country. It's very bad in countries like France, Spain and Italy. Go further north and it's not nearly as bad, though there's also not the more dynamic employment market America has. Nearly everyone here is happy with what we have, although they're not taking account of the costs that our system imposes, no more than you consider the costs of the American system: having no job security at all isn't a cakewalk either.
This may be true for one country or another (though I doubt even that). I can assure you that this is not universal though. There are places where employees can be fired in the first few months, no questions asked. You can also just not have your temporary contract renewed.
We have job security in America. When you get fired, the company pays for your unemployment through the government. They pay the state, and the state pays you, which is expensive.
Just because its easier to do, doesn't mean it doesn't cost anything to do it.
That's hopeful then. I'd heard about 2 examples (Greece and Belgium) that were very similar. Small business owners were stressed beyond belief.
In theory Canada has a 3 month "probationary period" but lawyers often get involved anyhow...