Dismiss Notice
Join Physics Forums Today!
The friendliest, high quality science and math community on the planet! Everyone who loves science is here!

News Money isn't everything

  1. Oct 14, 2006 #1

    Astronuc

    User Avatar
    Staff Emeritus
    Science Advisor

    or maybe the title should be "Too much of a good thing"?

    Unemployment, the new Saudi challenge
    http://news.bbc.co.uk/2/hi/business/5406328.stm

    The country earns $480 million/day, and it still has problems. :bugeye:

    Now there is an opportunity for someone, assuming that the Saudi government would be receptive and open-minded.
     
  2. jcsd
  3. Oct 14, 2006 #2

    selfAdjoint

    User Avatar
    Staff Emeritus
    Gold Member
    Dearly Missed

    Employment doesn't come from cash, it comes from investment. How much of that 400 million a day is going into infrastructure, let alone employment opportunities.
     
  4. Oct 14, 2006 #3
    Unemployment is not trivial - the Nobel Prize was just awarded for a better understanding of the minimum (nonzero) level of it.
     
  5. Oct 14, 2006 #4
    Unemployment in Saudi Arabia is high because they have no skilled work force.

    http://www.escapeartist.com/efam/56/Working_in_Saudi_Arabia.html [Broken]
     
    Last edited by a moderator: May 2, 2017
Know someone interested in this topic? Share this thread via Reddit, Google+, Twitter, or Facebook




Similar Discussions: Money isn't everything
  1. Money (Replies: 9)

  2. Money for nothing. (Replies: 5)

  3. What is money ? (Replies: 41)

Loading...