Short Term Jobs Lowers Unemployment for the Short Term

Of course, when you flood the job market with jobs that expire in a year or two, it will decrease the unemployment. That is common sense. However, the true measure of decreasing unemployment is either longer term government jobs, because they have a history of lasting forever, until either cutbacks are made (every decade or two). The second is creating jobs where the scope is longer term and the end is not foreseen. A clerk probably isn’t going to know that in 20 years, the company is going to go under, nor does the owner know that the company will. It is entirely likely that the job will carry on long after the original employee passes on and the next generation comes on.

An analogy can be made to the 1929 stock market crash, where those with a lot of money would flood the stock market on Friday, and then sell it all on Monday. This only served to destroy the stock market faster. Well, one of two events might happen. Either businesses are going to get the impression that the market is picking up when the unemployment goes down further or it is going to continue for the same reason it is now. What is going to happen to those who get the contracts to build the government projects after the job is finished?

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