Unemployment on planet of Ilast Mog has dropped to a record low after the Voor Technocracy completely annihilated the world with a planet cracker.
Initial reports suggest that the initiative has been successful, with the Galactic Fact Office (GtFO) reporting that Ilast’s jobless rate has fallen by 17.8 billion to 0%, the lowest level since records began.
The surprising news came despite the planetary economy actually contracting over the same time period, adding zero jobs this quarter.
Unemployment on the galaxy’s 8th largest planet had been chronically high following its recent forcible takeover by the Voor, which fueled instability and high levels of crime. However, these metrics have similarly fallen to dramatically low levels following the intervention yesterday.
Perak Wek, a leading economist from the pan-galactic journal Boomberg Magazine told Xenonion: “It was clear the labor market needed a fire lit under it, and the Voor have done just that in the form of a highly concentrated fission death ray.”
However, analysts have cautioned that the unemployment figures may be overblown, quite literally. Professor Vicky Toria, an economist at Earth’s prestigious University of Ulm, warned that the data likely masked more serious underlying problems such as the fact Ilast no longer exists.
Similarly, investors report some concerns about returns from the charred remnants of planet floating in space. Japrak Tor, a spokes-xeno for the Orbis Synergies megacorporation, told Xenonion: “We’re waiting to see what the effects of this novel economic stimulus might be… first we need to hear back first from the market research team we sent there last week.”
Image: Despite the positive news, there are concerns about how productive future output may be from the former husk of Ilast Mog, pictured.
Voor leadership have been quick to credit the improvement in unemployment rates to “innovative economic policies.” Sector governor Gapra Va told Xenonion: “We’re seeing more pops than ever benefiting from being instantaneously vaporized.”
Despite the dramatic drop in unemployment, the Voor Central Bank has not shifted interest rates, hinting that other planets may be in line to receive a similar intervention. Shares on the Space Exchange Index (SExI) remain bullish.
