That's what free markets do. Some businesses deserve to go under. Some new industries it's up to government to give people a boost to get through the early days when start up costs and training can be tough. Otherwise a country loses a lot of future business. Canada for example was useless at this for decades. I can tell you my daughter got involved in some new areas very early in her career ( areas that barely existed 10 years ago ) and has more business opportunity then she can possibly do now. She even creates employment for other people even though it's not really her main focus. So there is huge untapped potential out there and businesses that depend on underpaying employees don't face a strong future. If hiring is too burdensome there are reasons some people don't want to admit.