There are little new jobs

When a cafe opens up and claims they are creating 7 new jobs, this is actually not the fact. It is generally from the same labour pool that already exists in the immediate community.

This fact doesn’t vary too much should you see a new manufacturing plant being established, yet employers and embarrassingly so, politicians, claim the creation of new jobs. We need to remember that it is mostly existent labour transferring to a new workplace.

Does that mean new employment numbers when reported by the government are not true?

Probably so…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: