Friday, April 07, 2006
So, the new IR laws went active over the last few weeks, to the howls of employee advocacy groups everywhere. Lo and behold, unemployment rates hit *30 YEAR LOWS*. Coincidence? I THINK NOT!! I cannot believe the pace at which competing businesses to mine switched from a policy of "import where possible" to "employ where possible", citing reduced fears of employing people. What is more important? Individual instances of employee disgruntlement (be it the number of them), or the number of people having jobs that want jobs. Nobody is counting the former, just blaming them on the laws, and the latter is finding new highs. Unemployment rate of 5% was laughed at just a few years ago. Latest statistics should be mindblowing if anybody was actually looking at them rather than saying - Statistics always lie - or something like that.