And changing jobs means you now no longer have the vast amount of protection you used to and have to build them back up.
For the majority of countries, your entire point rests on the premise individuals are choosing to largely be immobile. Tenure length isn't that different from the US, all things concerned. Significant, especially given some countries, but not nearly as dramatic as "impossible to fire".
The moment you introduce mobility, most of the safety is gone for a large portion of time. What we are seeing, is that younger people are hit disproportionately since job hopping tends to be the far better choice, and younger people do not start at incomes that get them comfortable. It is primarily the elderly that benefit from the current structure.
For the majority of countries, your entire point rests on the premise individuals are choosing to largely be immobile. Tenure length isn't that different from the US, all things concerned. Significant, especially given some countries, but not nearly as dramatic as "impossible to fire".
The moment you introduce mobility, most of the safety is gone for a large portion of time. What we are seeing, is that younger people are hit disproportionately since job hopping tends to be the far better choice, and younger people do not start at incomes that get them comfortable. It is primarily the elderly that benefit from the current structure.