Firstly, the author states that the unemployment rate was lower in Helios when compared to the regional average. However, Helios being a industrial center of a particular region, its unemployement rate can't be compared with the region, but shall be compared with other developed cities. Further, author states that Helios has provide more than its share of region's manufacturing jobs. It fails to provide the information regarding its share of jobs in other sectors. The author wrongly assumes that the high share of jobs in manufacturing sector as a representative of its share of total jobs. Further, unemployment rate and high share of manufacturing jobs are not the criterions that corporations look for when investing in a new location. The author should have provided some other information which corporations look for in order to make a more logical conclusion.
Further, author states that Helios is attempting to expand its economic base by attracting companies that focus on research and development of innovative technologies. Author fails to state what is being offered by Helios to attract the corporations. Author once again fails to provide complete information. Author must have stated the various schemes, stimulus packages, tax exemptions, land allocation etc which could be offered to the companies if they invest in Helios.
Thus, the author does not provide valid evidences and complete information in order to evaluate the argument putforth. Author should provide additional specific and relvant information so that corporation can evaluate whether to invest in Helios or not.
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