Wow, one of the hottest searches on Google currently is “nys unemployment” and all manner of terms relating to it, such as “new york state unemployment” and “nys dept of labor”. Is there any sudden cause or is New York state’s big government approach and insulting attitude toward business owners finally scaring them from the state or at least scaring them from hiring?
NYS unemployment search on Google Trends
For sure, these are crazy times, and New York state is suffering at least as much as most other states. Economists, regardless of their school of thought or political leanings seem to be saying the same thing – that we are experiencing a “jobless recovery” (okay, some say this is a false recovery and we are in another depression). They say that some jobs, especially in manufacturing, are gone forever. Now, anyone who has railroaded their children or themselves into a blue-collar job as your only option in life has always been wrong, but now it may condemn you to permanent or long-term unemployment.
Could it be that we are finally reaching a scary point in history of “The End of Work“? I saw this book on bookstore shelves years ago, and it made me think – will a large percentage of the population eventually have useless skills and capabilities not worth a livable wage to the economy? This would create a dependent class, which would be inevitably supported by those who did have marketable skills and capabilities.
Economic and technological evolution are inevitable, but a government that does not discourage legitimate business activity will minimize the chaos and human suffering of the transition.
