In-Class Exercise 3/19/14 Layaway Plan

North Dakota is in a situation that not many other states can say that they are in. They have a plethora of jobs. North Dakota is searching for workers to fill in 20,000 openings for jobs. They report to have a range of jobs from driving trucks to working in a restaurant as a server. Even with all these spots available, they all are still not being filled. Some cities have quadrupled in population but there are still available jobs. The pay for the jobs are still the standard that a person would make in any other state, there is just a larger variety to choose from. North Dakota is trying to bring in skilled workers to their state to fill these jobs. To do this, they have to start a campaign with $800,000. The Federal policy can make an effect on job growth or unemployment by making changes to the amount of taxes that they force on a business. If a business has to pay more taxes, they will employ less workers. This is a cause-effect process. Inflation and employment have a relationship. It is an inverse relationship though. When inflation is high, employment is generally high. This is the opposite when inflation is low. Full employment is not possible. It would be very hard for businesses to hire all of the people that are unemployed. They would have more workers than they need and not be able to pay a solid salary for all of these workers. If we had full employment workers would end up having to be laid off. The employers can not make money if they have to pay 50 workers all $10 an hour. Unemployment is not pretty, but it is almost impossible to avoid. Would you move to a new state for a new job, such as North Dakota, if it means you have a stable income?