Posted On:
September 30, 2008
TROUBLED ECONOMY AFFECTS NUMBER OF TRAFFIC ACCIDENTS
According the Illinois Department of Employment Security the seasonally adjusted Illinois unemployment rate, was 7.3% in August 2008. Ultimately, this impacts the number of car crashes on the road. Fewer people working means that fewer people are on the road commuting. In a November 2002 report for the National Bureau of Economic Research, researchers looked at statistics from 23 developed nations including the United States and extrapolated from them that if 1% more people have jobs, motor vehicle accidents will go up by 2.1%.
