- 27 Dec 2023 04:11
#15299730
People don't just create jobs, it's not that simple
A lot of people seem to think that people make jobs. That wherever people are, jobs will be created. It's not that simple.
You can see that wage levels are much higher in some areas than other areas.
So there is something else going on.
It's not just wages for the lowest paid workers either. There's just more money in some areas.
More middle class opportunity in some areas but not so much others. (And not just talking about somewhere out in the middle of nowhere with low population)
Why does this matter? There are several reasons.
One of them might be the connection between economics and immigration. Just adding more people isn't necessarily going to automatically increase economic output in proportion to number of people.
Also, if we could figure out why some areas are more rich and others poor, if we could have a better understanding of why that is, it might be possible for the government to be able to much more efficiently implement policies that could help bring prosperity, and spread it out. Right now, with economic opportunities so concentrated into some areas it's contributing to housing shortage problems, due to lack of available space.
A lot of people seem to think that people make jobs. That wherever people are, jobs will be created. It's not that simple.
You can see that wage levels are much higher in some areas than other areas.
So there is something else going on.
It's not just wages for the lowest paid workers either. There's just more money in some areas.
More middle class opportunity in some areas but not so much others. (And not just talking about somewhere out in the middle of nowhere with low population)
Why does this matter? There are several reasons.
One of them might be the connection between economics and immigration. Just adding more people isn't necessarily going to automatically increase economic output in proportion to number of people.
Also, if we could figure out why some areas are more rich and others poor, if we could have a better understanding of why that is, it might be possible for the government to be able to much more efficiently implement policies that could help bring prosperity, and spread it out. Right now, with economic opportunities so concentrated into some areas it's contributing to housing shortage problems, due to lack of available space.