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Topic: Solution to unemployment: creating new jobs or early retirement (Read 386 times)

full member
Activity: 952
Merit: 105
Early retirement will not the best solution since imagine how big the numbers of employment happen if those oldies will force to resign. Maybe the one needed by government is to creaye strategic plan where they can make this  country appealing and highlight those good changes happening in the market. Government should look up and choose the issues what they can apply it to us. Also he needs to boost up the economy.
Time has changed now. The work dynamics too. People have moved toward online mode which has reduced the stress of going to the workplaces and have saved so much of the time. I coming day there will be different problems and this early retirement debate will be overtaken by some other matter.
hero member
Activity: 2702
Merit: 704
I honestly think retiring people early isn't a solution to unemployment, from my personal understanding, doing this can even help increase unemployment, because when you retire someone who is still strong enough to work, that person will likely get bored of staying ideal and might end up looking for some where else to work.
Creating more jobs will definitely look like the solution to unemployment but then, this is not something that can be left to the government alone to do, government can not cater for everyone in a country, we still have to cater for ourselves in one way or the other, it is the duty of the government to create a welcoming environment where businesses can strive, ones this is in place, capable people can set up their own businesses that can employ tens, some hundreds of people, by doing this, unemployment will be greatly cut down to its nearest minimum in the country.
Not only that, there are exceptional people with some incredible skills which are way above your average worker and as such it is in the best interest of a society to have those people working for as long as they can, now forcing them will be wrong but encouraging them by giving them more benefits and bigger pay is acceptable, so we cannot generalize and try to make everyone to retire as early as possible.

What is happening is that we are in an age of transition, while in the past new technologies created as many or even more jobs than those that were made obsolete now we are seeing the opposite, so governments, private companies and the population in general need to find a way to make the economy work despite all of this.
sr. member
Activity: 1554
Merit: 260
Early retirement will not the best solution since imagine how big the numbers of employment happen if those oldies will force to resign. Maybe the one needed by government is to creaye strategic plan where they can make this  country appealing and highlight those good changes happening in the market. Government should look up and choose the issues what they can apply it to us. Also he needs to boost up the economy.
I think people should find ways to keep themselves busy. But there is one plan which man makes and there is another plan which God makes.
Sometimes make very good plans but those are not the plans of God. So we should do our best and seek guidance from the God and keep short term plans always a priority.
hero member
Activity: 2562
Merit: 577
Unemployment is a serious problem that even governments in many countries cannot solve.  i am a former employee, the uncertainty of the future and the mediocre salary made me decide to set up my own small business and now it is running smoothly.  It's very difficult to change people's perspectives, only yourself and circumstances can change that because being unemployed is stupid.

True, people rely so much on government to provide jobs for them even when they can easily strive to be self employed. In most countries, the number of underemployed are more than than employed,  while some don't have an issue being underemployed,  others would rather be self employed instead of settling for a mediocre salary. The situation is very difficult, government are finding it hard to meet with the demand to create jobs.
hero member
Activity: 2786
Merit: 606
There needs to be a business to be able to open up jobs which is not as easy as we think,
I think all parties are needed in this case, especially as you said that the government's role is very necessary and really important,
especially in 2020 at the beginning of the pandemic it was really like a nightmare for company employees because many of them were laid off
It is hard but we have no choice but to accept it. Health is still more important anyway because if you got covid, you will suffer a lot in terms of financial and the way how you live. Besides, the company that laid you off are also willing to help you out by giving you relief goods and extra cash.

Governments are also doing the same thing, they gave stimulus checks during the peak of the pandemic and it was a nice amount of money. The role of the government to a country or to its people is very important. They have a great power so their responsibility is also great but sometimes governments are too selfish and corrupt. This makes the country/people suffer.
hero member
Activity: 2688
Merit: 625
Early retirement will not the best solution since imagine how big the numbers of employment happen if those oldies will force to resign. Maybe the one needed by government is to creaye strategic plan where they can make this  country appealing and highlight those good changes happening in the market. Government should look up and choose the issues what they can apply it to us. Also he needs to boost up the economy.

I think in this kind of situation of retirement the government should make the business environment conducive for investment opportunities so that oldies getting to retirement age won't feel bad and try to cheat the system and try to remain in job while youths are roaming the streets. If loan is provided for the retiring age they will be happy to taste another aspect of life in business and thereby letting off space for new job seekers.
I dont know if there are really some mandatory layoff for those oldies which they would really be removed once they do hit the cap or just totally be depending if they could still able to work?
It cant be avoided that certain industries would really be letting  those oldies to stay considering that they've had been on lots of experiences which they are still capable on doing the job despite of their age.
If government would really make out some bill or laws then it might really open up more opportunity to those new ones but this would really be still a long debate for it to be implied or applied.
hero member
Activity: 854
Merit: 539
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Early retirement is not something I would support on a large scale. 

I can not support that as well because I understand that the even the retired personnels tries to refire back to self employed all because they are not tired, the dignity of labour is to find pleasure in whatsoever enterprise one does for a living, not working at all is a killer of purpose and deprive being fulfilled in life, everyone at every point in time want to get employed or self employed but just few ones chose the lazy lane of not working at all to earn a living.

Most of the retired old age parents still engage doing menial jobs or house chores just to show they aren't tired at all, how much more is expected of young adults, employment is never an excuse, at least start from somewhere.
sr. member
Activity: 2310
Merit: 332
Early retirement will not the best solution since imagine how big the numbers of employment happen if those oldies will force to resign. Maybe the one needed by government is to creaye strategic plan where they can make this  country appealing and highlight those good changes happening in the market. Government should look up and choose the issues what they can apply it to us. Also he needs to boost up the economy.

I think in this kind of situation of retirement the government should make the business environment conducive for investment opportunities so that oldies getting to retirement age won't feel bad and try to cheat the system and try to remain in job while youths are roaming the streets. If loan is provided for the retiring age they will be happy to taste another aspect of life in business and thereby letting off space for new job seekers.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Early retirement will not the best solution since imagine how big the numbers of employment happen if those oldies will force to resign. Maybe the one needed by government is to creaye strategic plan where they can make this  country appealing and highlight those good changes happening in the market. Government should look up and choose the issues what they can apply it to us. Also he needs to boost up the economy.
legendary
Activity: 2520
Merit: 1073
the role of the government must be very large against unemployment...

In my city, unemployment and homelessness are problems that are not taken seriously, what are the impacts? Of course, the crime rate is increasing and the spread of disease is unstoppable. education is something that should be free and encouraged by the government to the whole community, and capital from the government is something that should be made easier for people who want to open a business.
Yes, they play a major part. We always see officials promise of providing jobs once they get elected but it's so sad that they can't keep up with their promises, this is why they are being blamed the most but the quality of our life can also depend on us, not only from the governments because there are governments that gives free education but sometimes people are still lazy to go to school. They cant graduate and get a diploma, which is a number one requirement when applying for a decent job.

Other than free education, the government can also provide free homes for the homeless. Poverty should not be a reason for someone to commit a crime as there are still ways to live or to earn.
full member
Activity: 910
Merit: 100
If we are in the comfort zone that is working so don't think too quickly to get out, I have come out of work for almost 5 years and try to make many things like restaurants, vegetable stalls and so on, from the time side of course more free but from I also experience The difficult time is capital because it has failed. And for those who are unemployed, Create a job is better because the opportunity from online at this time is very good.
true as you said, the wisest step is, we still have to open up job opportunities, early retirement is not a good solution, we must try while we are able, here the role of the government is also very necessary, to open up job opportunities, because in During the pandemic, many employees were laid off, including myself, I was also laid off from the company, good luck there are friends who provide solutions to start looking for work online.
There needs to be a business to be able to open up jobs which is not as easy as we think,
I think all parties are needed in this case, especially as you said that the government's role is very necessary and really important,
especially in 2020 at the beginning of the pandemic it was really like a nightmare for company employees because many of them were laid off
sr. member
Activity: 1638
Merit: 255
If we are in the comfort zone that is working so don't think too quickly to get out, I have come out of work for almost 5 years and try to make many things like restaurants, vegetable stalls and so on, from the time side of course more free but from I also experience The difficult time is capital because it has failed. And for those who are unemployed, Create a job is better because the opportunity from online at this time is very good.

If we are still at a productive age, we shouldn't be in a hurry to retire early. Especially if we already get a big salary in the company we work for.
We should not rush to decide early retirement and create a new job, because it is not easy to build a business that can provide income that can meet
daily needs. It is only done by people who already have big savings. At least we must have savings for the cost of daily needs for the next year.
If not, don't be in a hurry to retire early and create a new job. Unless we get fired and want to try to open our own business, we can do that right away.
But even that won't be easy, because based on my experience trying to build a business, it takes hard work and patience to be able to make our
business run and start giving us profit. In a pandemic situation like now I would suggest that we keep working and make business as another
source of income. So don't be in a hurry to retire early, we must have a good retirement plan, so that in old age we don't experience financial problems.
legendary
Activity: 2576
Merit: 1860
🙏🏼Padayon...🙏
When unemployment is too high it’s not good but when it’s extremely low it’s not good either. Right now we are experiencing very low unemployment levels. It’s hard for employees to find workers.

In which case, you must be living in a highly developed country. A way to address this is to import labor force. So, for me, low unemployment may be a problem but not that huge of a problem compared to a very high unemployment. Too high unemployment means high government subsidy, high crime rate, low standard of living, poor public services, and so on.

Quote
Next time you go out in Public, look how many times you will find notes saying that they are short staffed or they are hiring. It’s going on everywhere.

Reading this from a developing country, this looks like a sweet problem. The opposite of this is a signage which says, we're not hiring. But that doesn't mean the workplace is sufficiently manned. It could still mean the place is undermanned with long hours of work but low pay and high qualification requirement. In my country, a mere store staff could be a college graduate working more than 8 hours a day, 6 days a week, with a minimum salary, and benefits which are fewer than what's required by law.
sr. member
Activity: 1344
Merit: 270
If we are in the comfort zone that is working so don't think too quickly to get out, I have come out of work for almost 5 years and try to make many things like restaurants, vegetable stalls and so on, from the time side of course more free but from I also experience The difficult time is capital because it has failed. And for those who are unemployed, Create a job is better because the opportunity from online at this time is very good.
true as you said, the wisest step is, we still have to open up job opportunities, early retirement is not a good solution, we must try while we are able, here the role of the government is also very necessary, to open up job opportunities, because in During the pandemic, many employees were laid off, including myself, I was also laid off from the company, good luck there are friends who provide solutions to start looking for work online.
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
Early retirement is not something I would support on a large scale. Across the globe, human population is ageing. At this point, early retirement would put even more pressure on the society as well as the government. For example in Japan, close to 40% of the population is aged 60 years and above. If people younger than 60 years take early retirement, then the size of workforce will get reduced to an amount which will be too small to support the dependent population. It will not be viable in the long run.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
Actually creating a new job or own business before retirement or being jobless is one of the ways to decrease the unemployment moreover in the old age or even in certain world condition like what happen during this pandemic.
however, is it easy?
Of course not.
not every person has enough salary and money to build up a businesss. Not every person also has the ability to create and also develop it. I know that everyone can learn and prepare it first, but once more this is not easy.
However, it doesn't mean that this cannot be done. It can be, but within more struggles and maybe more difficult than their activities and jobs in their office right now.  
Additionally, we cna also have side job

business is not for all. some are just happy to be an employee looking for jobs. in this case, more jobs are needed to cater its people to survive in these challenging times. whatever the job is, as long as it can put food on the table, that's fine. you don't need to be choosy in these trying times. grab whatever you can to survive, and if youre in the position that you can be selective, then youre lucky.
hero member
Activity: 1932
Merit: 622
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Actually creating a new job or own business before retirement or being jobless is one of the ways to decrease the unemployment moreover in the old age or even in certain world condition like what happen during this pandemic.
however, is it easy?
Of course not.
not every person has enough salary and money to build up a businesss. Not every person also has the ability to create and also develop it. I know that everyone can learn and prepare it first, but once more this is not easy.
However, it doesn't mean that this cannot be done. It can be, but within more struggles and maybe more difficult than their activities and jobs in their office right now. 
Additionally, we cna also have side job
full member
Activity: 1736
Merit: 121
capital from the government is something that should be made easier for people who want to open a business.

Government should look on how helping people and do encouragement for them to go into business since getting a formal or government job is no more easy to get so people will need the loan from government to start a small kind of business and set themselves up from that and not going everywhere or the road in search of job. Being a business owner will more jobs will also be created.
legendary
Activity: 2744
Merit: 1512
The solution to unemployment some would say is to create more jobs. The number of jobs that must be produced is determined by the unemployment rate and the number of persons seeking employment. When unemployment rises above 6% to 7% and stays there, the economy is unable to generate enough new jobs. one way new jobs could be generated is the creation of a federal job-training program that subsidizes private-sector firms who hire unemployed, formerly low-wage individuals might help employers struggling during crisis, as well as workers earn money and create a long-term job. This policy should also provide a full federal subsidy for the first three months of employment costs and a half subsidy for the next three months, with the employer guaranteeing to keep the worker on the job for at least another three months with no subsidy.

The government is not efficient at creating jobs nor do I have faith they would be able to form partnerships with private firms to subsidize the salary of the unemployed. Federal jobs training programs might be a social safety net that should be implored, but that doesn't mean the government needs to take an additional step and begin indirectly funding salaries. If the unemployment rate truly was so high that there was a reliance on government funded jobs, then you might as well explore the idea of UBI because that's essentially what this idea entails (with extra steps, of course).

Most countries already offer financial assistance to the unemployed in some way. They aren't equipped to handle a large influx of applicants if there ever was an incentive structure built into the system. I'm not suggesting a federal jobs training program with subsidized salaries would act as an incentive as long as the salary is at a market rate, but I am generally skeptical of the government getting involved in salary supplementation period.
hero member
Activity: 2590
Merit: 650
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An example is a cryptocurrency, do you the number of jobs created through it global? Why cant they focus more in supported it totally instead focusing much on taxing it.

But do tell us, how many jobs have been created?
And one more thing, who are those people getting paid and from what revenue, because I have a feeling you're not going to like it!
It is hard to get genuine stats on the number of jobs created through cryptocurrency and the people that are getting paid but according to my research 8000 blockchain and crypto-related jobs were available in the year 2020.
If we judge by the number of crypto users globally, 8000 crypto-related jobs in the year 2020 is still a fair number and we could see more jobs if the government could support crypto.
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