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by oneplane 2228 days ago
So they are comparing revenue with job loss? Those aren't the same class or the same measure... This is just pointless.

Focusing on jobs in the context of gains and losses is a bad idea in general as the only real measure you'd get regarding jobs is 'how many people can support themselves by working' which is the actual real-world impact. And if you want to take survival in to account or basic living standards you could even go a little more abstract and try to report on 'how many people are stuck in poverty'.

It doesn't matter how many jobs you have if people barely get by. Same goes for having less jobs: if people are still doing OK it's not as strong an indicator of anything to report job counts.