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Required jobs scale very very poorly with population. I wouldn't be surprised if the rate was something less than 1 additional person in the workforce for every
by eksu 10y ago
Required jobs scale very very poorly with population. I wouldn't be surprised if the rate was something less than 1 additional person in the workforce for every 10 additional people in the population.
- fulafel 10y agoThat would mean that countries with larger populations would have higher unemployment rates, but that is not the case.
- finance-geek 10y agoIt would mean that any poor country could simply become wealthy by allowing unlimited immigration...Most poor countries are nicer relative to some worse-off country, so certainly there would not be a shortage of immigrants wanting to migrate.
- fulafel 10y agoI think the null hypothesis has to be that there is no correlation between population size and employment.