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This. Just because you have an educated workforce doesn't mean you'll be booming with jobs. More like you need a business friendly environment with low taxes,
by ChuckNorris89 5y ago
This. Just because you have an educated workforce doesn't mean you'll be booming with jobs.
More like you need a business friendly environment with low taxes, minimal corruption and frictionless bureocracy to create a thriving local economy and also attract external investors.
- ForHackernews 5y agoI guess that's one template for booming with jobs. You can also be a wealthly petrostate (with or without corruption), or a corrupt, dirt-poor state with no labor laws and be booming with outsourced low-wage textile jobs, or a command-economy with plenty of pointless make-work jobs... If your goal is just to have a lot of jobs to keep your young people busy so they don't foment a revolution, there's plenty of ways to go.