Fluid Unemployment
Posted by Stephen Cline on May 31st, 2009Our governments would love for us to believe in fluid unemployment . What this means is that our unemployment rates are fluid and can quickly and easily be manipulated and changed. If unemployment is high during an elections, candidates are always promising quick changes to unemployment rates. They promote massive building projects and small business stimulus packages to promote the employment of new workers- pushing the concept of fluid unemployment. We are a year on from the world economic crisis 2008 and starting to see potential of a depression – with unemployment on the rise all around the world.
With local government resealing perfectly good roads, I guess I am begging the question, “Is there such thing as fluid unemployment? Or are the governments just trying to create something that is only an economic idea?