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How can 200% of all jobs be destroyed?
by Tichy 15y ago
How can 200% of all jobs be destroyed?
- jamesaguilar 15y agoJobs are created all the time as well. New restaurants debut, new factories come online, new houses are built. If jobs weren't also being destroyed at a significant rate, then we would quickly have more jobs than people to work them. Think of it in terms of mayflies. ~100% of all the mayflies in existence are destroyed every three days. It takes about six days to destroy 200% of the mayflies in the world. Jobs are like that, just a little less transient.
- maaku 15y agoNew jobs are created.