Wednesday, August 11, 2010

Some Firms Struggle to Hire Despite High Unemployment

Some Firms Struggle to Hire Despite High Unemployment
The jobs require little more than a high-school diploma and fluency in English. They include free accommodation and medical care, and starting pay of about $30,000 a year. Mr. Helliwell speculates that Americans might be hesitant to move to Dubai, where the jobs are based. 'Maybe they have less of an adventurous spirit' given the uncertainties they face at home, he said.
Talk about burying the lead.

"It's those sky high unemployment benefits that are making Americans lazy."

Um, no... it's just that the jobs on offer pay less than those benefits or REQUIRE YOU TO MOVE TO DUBAI! These jobs have economic (and social) costs associated with them that rational actors are taking into consideration. Why can't the Wall Street Journal (of all places) understand that. I mean really, this is no-shit social science.