When an organization uses "induced jobs" when talking about economic impacts, you know they overpaid for shoddy analysis.
Add up all the indirect effects, you'll get roughly two jobs for every job! And including induced gets really crazy. With not unreasonable assumptions, I can show you oil and gas accounts for infinity percent of Canada's economy.
INFINITY!!! ... must be an important sector.
INFINITY!!! ... must be an important sector.
Good resource: "uses and abuses" in IO analysis pc.gov.au/research/suppo…
On the 🚨infinity🚨 share of Canada's economy, I made the same point when critiquing some bad economic impact analysis related to the Calgary games. 
Source: calgary.ca/csps/recreatio…
It's not hard to just **not use this kind of analysis**! It's cheaper, it's easier, and it's better to just ... not use it!
Worth re-upping this old piece: financialpost.com/opinion/trevor…
"economic impact studies, especially those regarding induced effects, aren’t what they’re cracked up to be."
"economic impact studies, especially those regarding induced effects, aren’t what they’re cracked up to be."
