Comparing Helios Employment Rate with Regional Average Essay - 421 Words

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Comparing Helios' Employment Rate with Regional Average

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Text Preview Merely based on gratuitous and problematic assumptions,the author recommendate that it is a better choice for corporations to locate in Helios.To substanitate the recommendation,the arthor cites the evidenct that Helios's ybemployment rate was lower than the regional average.In addition,the author provides evidence that Helios was trying to attract more companies that focus on research and development of innovative technologies to expand its economic base.This argument seems to be plausible at first glance.However,as discussed below,close scrutiny of the argument reveals that it accomplishes little toward supporting the recommendation,it suffers from several critical flaws.

In the first place,the author cites the fact that Helio's unemployment rate was lower than the regional average as a evidence that Helio is better than any other cities.There is,however,no guarantee it is the case,nor does the author provide any evidence to illustrate there is a logical connection between the two events.One obvious rejoinder to this line of reasoning is that the enterprises,expecting to seek new business opportunities or a new location,would find that it is diffult to employ because of the lower unemplyment rate,they have to either provide higher wage to inclur employees from employees' current opposition or employ workforces from other region,both are increasing the costs of the companies,thus making the corporation less profitable.Moreover,even if the unemployment rate does not influence profitability of the company,It is no granted that Helio,which is better than the regional average,is better than national average.

In the second place,the author unfairly assumes that Helio, a industrial center of the region,had ability to provide more manufacturing jobs in the past,qualities the needs of companies,which focus on research and development of innovative technologies.If it turns out,for example,Helio cannot afford the demands of companies,because it was concentrated... Show More

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