Topic: Solution to unemployment: creating new jobs or early retirement (Read 397 times)

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.


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.

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.

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.

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.

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

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.

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.

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.

There are multiple ways to earn money now. I have a permanent job but still I work online to get extra income which I use to invest somewhere else. Depending on salary these days is not a good strategy as inflation is very high these days. If you don't have job then stop wasting time on job search spend that time working online.

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.

Of course this is not entirely true. To pay pensions to non-working people, other people must work and pay taxes. It will not work properly if the number of non-working people exceeds the number of working ones. In this case, it is necessary to increase the contributions of the working population. And this is extremely disadvantageous for people. I don't think this measure works.

Early retirement? That's just going to put more strain on the Ponzi scheme called "social security". Sure you free up one position for someone younger but then you got one more person getting pension earlier so it really changes nothing.

Better just give incentives for being financially responsible so people can make the most out of their income but I guess that's contrary to the consumerist model of the economy where people must buy, buy and buy to keep it going.

the solution for unemployment is to create jobs, early retirement is not the solution to this problem, the government must create jobs, if the government doesn't care, it is certain that the country will not be safe, and for sure the country will be destroyed, because the more unemployment there will be More and more crimes and crimes occur, my country is proof, I can't completely blame the thieves, because they are frustrated by all the ways they have taken but the results are still to no avail, in the end they are forced to steal to support their own families.

that that is right, but i think that creating new jobs opportunities is important. and it can only be done if you will run new industries and improve your product quality so as to increase the demand of your product on export level.

when we are still productive, it is better to think repeatedly about getting out of a permanent job. as long as we can divide our time I think finding multiple sources of income will be great for our future. therefore I keep working and investing. for those who don't work, indeed, with the online world there will be very many business opportunities created, we just have to read the promising job opportunities well, then of course we will make maximum money

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.

That is a misleading table, let's take for example Mexico, they have an unemployment of 3% (according to the website where I'm getting the data now not to mix different sources)
All good and nice, 2 150 582 unemployed, 56 611 211 employed, the total population of 128,9 million, things are getting skechttyyyy, 65% between 18 and 65, which would make 83,7 million.
So we have 83,7 people who would be 18+ and below regiment and 56,6 mil employed plus 2,15 unemployed, so where the hell are 24 million?

Salvador has 2.9 million employed persons, a population of 6.4 million, and zero unemployment? Yeah right!

In most states only country those who receive unemployment benefits are in, once you're done you're out even if you don't get a job, some only add those who are actively searching for a job in the last x months, and so and so.


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!

You mentioned a lot of things you believe caused unemployment but I point out something that really caused the hike in the level of unemployment the world is experiencing now.
It's the government because they have failed us and this is the reason why some people believe the political rules and regulations to be scams.

Why did i say the government? They are unable to find a solution to the unemployment issue but when someone implemented an innovative concept that could limit the level of unemployment they (the government) will be against it because of their political belief in a platform that's decentralized. 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.
I am not saying cryptocurrency is the answer to all problems but at least it will limit the level of unemployment and still serve as a symbol of hope to the people.

Governments need to set framework to make investors start their business in our country. It can be Foreign Direct Investment, corporate investment or from a startup. Whenever a firm goes for registration, bribe plays role. These needs to be punished and comfort needs to be provided to the investors. This will bring more businesses and the same will help in providing employment.

Early retirement is a solution in populated countries, because there is difference between a 65 year person's work and a 30 year person's work. With the senior the experience plays role and there'll be more people waiting for the position who can do better than him. So, opportunity needs to be provided for the younger ones.

Competition is indeed high and i do agree on that not having marketable skills which would really lead or in result on not to fit on a particular job which means they would really be hardly be hired by any

company or institution or something like that.Is there a place or country which does have 0% unemployment rate? I dont think so
Did make some research and the lowest is 0.1% LOL.

El Salvador - 0.1% (tie)
Qatar - 0.1% (tie)
Myanmar - .05%
Solomon Islands - 0.7%
Chad - 1.1% (tie)
Thailand - 1.1% (tie)
Bahrain - 1.2% (tie)
Cambodia - 1.2% (tie)
Malawi - 1.3%
Palau - 1.4%

https://worldpopulationreview.com/country-rankings/unemployment-by-country

So far I've never seen any governments or economists addressing the unemployment issue efficiently and saying the truth withou fear of retaliations. Policies like the one which raises retirement age are just palliative to make the economy last longer, but not sustainable anyway. The point is that we have too many people in the world (and growing) for too few jobs spots (and decreasing).

The world doesn't fit a huge population anymore, because there isn't enough activities for all these people execute and live from, besides the fact there isn't even where to drop all the garbage human beings produce in a daily basis.

People in power positions are afraid to say the world is overpopulated and even more afraid to introduce a birth control policy, because they prefer to live the illusion of positive economical statistics on long run that take in consideration the population growment, while also giving the false impression the economy is still going to get better, calming down average citizens and avoiding uprisings.

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.

Since private companies are always striving for more efficiency then it is understandable than in a completely open economy that would not be enough to reduce unemployment all the way to zero.

To this we need to add that there are many people that in fact do not have marketable skills, and in an economy with such a high level of competition in which a person at the other side of the world can do the same job as you for a lower wage then such people will have great difficulty finding a job.

Liberal economies says that you should not have governments creating jobs for the people, you should just let the companies do what they want. In this case it doesn't work because there aren't enough jobs in private companies that would employ everyone, but if you say this to any capitalist, they would say it requires a lot more law regulations for it to happen, or even support of the company and give tax breaks in for the ones that hire more people.

Obviously that wouldn't work but unfortunately, we have those minds, I would say that government wouldn't even be enough, good addition but even that is not enough, we need population control, there are too many people in the world.

This is a good suggestion. They are simple and straight forward way to solve the unemployment issues in the country. Having a private sector driven economy will ensure more wider coverage and management with sincerity of purpose from those given the responsibility to manage them and making them to give account to how to have gone in managing the business. Giving out soft loan with low collateral will encourage sincere business people to take up the opportunity and this will drive the economy in more ways in positive direction.

The increase rate of unemployment of each countries are really alarming most especially if it is in happening in the third world countries. A lot of people are being affected by this in which can greatly take a toll on the way how they manage to survive in the daily basis. This also affects the income and projected GDP of a country. Because if there is lesser rate of employment, low tax and revenue will be collected which are essential because it is used in building certain projects such as structures, road repairs and maintenance, government aid, and the likes.

I believe creating more job opportunities that compensate well will be of great help to address this long existing issue of unemployment. If there would be more jobs that have decent salary, more people will be encouraged to pursue  it to sustain their needs and not just to rely on the government. In addition, there will be lesser rate of poverty because the people are now given the chance to earn for a living, good for a long-term solution. Not just a band-aid solution where they will go back to square one once the aid is already spent.

Early retirement won't also be possible because there are institutions such as insurances that would be affected if they would deliberately lower it than the usual. To add, for a person to be able to early retire, one must be financially capable to sustain the lifestyle he want without relying on anything. It can't be attained if someone has no job to begin with to save for their future.

The unemployment rate has increased over the past two years. Covid19 has created all the conditions for this. Many people have lost their only source of income. Of course, the government is the main regulator of the unemployment rate, as well as the biggest cause of unemployment. Mismanagement of the country leads to sad consequences for the people. Each country has its own methods of dealing with unemployment. I think the state needs to support private business, consider the possibility of issuing loans on favorable terms for entrepreneurs, reduce the number of inspections and fines. All these measures work to save the number of jobs.

They are automating jobs ...even programming / dev jobs are hard to find in 2022 ,they are lying about the world economy ,sure we see people still doing things but those are gov employees mostly...private sector that is not evolved with gov is f...ked .

I think the Great Reset is : mega rich like Bill Gates etc are trying to exterminate the poor ...they no longer need the poor ,they got robots for that now.

I expect WW3 soon .... i am not going to the gas chamber like they germans did to the jews in the 40's ...going to take as many rich ...mo...fuckers with me as possible.

Unemployment is a general problem faced by every country of the world only that in each country there's a level or rate to unemployment.
The unemployment level in  LDC's (Least Developing Countries) can't be compared to that of advanced developed ones. And this huge burden of unemployment on the government takes up a large part of the LDC's yearly budget which is very unlikely in well advanced developed countries.

One thing some persons fail to understand is that irrespective of that idea that it's the constitutional responsible of the government to provide jobs for her teeming citizens the fact still remains that there's no part of the world where the government provides all the jobs and that's where private multinationals and entrepreneurial businesses and firms come into play.

As this do go a long way in reducing the burden of unemployment from the government and while on the other hand it boils down on the government to create conducive environment for such MNC's to thrive and do business.

A situation where to an extent there's all levels of job available to citizens of a country, working age wouldn't wouldn't act as a factor to either increasing or reducing unemployment rate.

Unemployment is a major problem in grown countries as well as in the growing countries. During the pandemic common people suffered alot losing their ways. Unemployment can be reduced by futuristic plan from the following country's authority. These days the number have decreased as the world have begun to operate post covid-19.

You've made it sound easy, but it's possibly the hardest thing that a government has to do - keeping their citizens productive so the country gets richer over the long term. It requires a lot of different factors, but most importantly you probably need a very good education system, an independent legal system and strong institutions that will not sway to public or political opinions. These can take decades, if not centuries, to build up and it is very easy to undermine them if the wrong people get into power. After that, it can also rely on some flukes of geography and the climate can play a big part in what it is possible to do if you're working with limited starting resources.

If you have failed on getting a job after all the efforts that you had done but still wasnt enough to get one then it would be ideal that you would really be finding ways for yourself on finding not physically
but  rather going on online based type of jobs which skills could really be learnt out if you do really wanted to.Its just really that an initiative for you to do so if you do really want to have a job.
Its true that government couldnt really be able to provide sufficient works or jobs on a certain country on which there would be always those people who are still jobless.
So as a citizen or an individual who do really mind off about daily living then you would really be finding several ways no matter what it is.

Can the government really create enough jobs for every unemployed? with the large and increasing percentage of unemployed persons in the society, i see it as a herculean task for the government to create jobs for every individual. It would have been easier then, but now currently with the rising population and some other factors will be more difficult.

What the government can do is to create an enabling environment for the option of entrepreneurship alongside it's scheme to create jobs. Some individuals will do better to society working for themselves than working for someone else. As this is the case, the government can play it's part by supporting them through favourable policies and schemes to ensure that entrepreneurship is profitable for them.

Well their are several reasons for current unemployment ratio in the whole world.
The major cause is government policies. From the beginning the government witch is running on its people, have the responsibility to create
more and more opportunities for them and also think of the coming generation too.
Also the money inflation and current state of conflicts on different region of world witch creating more and more dividing and less opportunity to travel and find more jobs in foreign countries. 
In matter of solution, Their are so many opportunities waiting for you to grab but the main point is are you ready to do what it takes to be successful You have to give you all for anything you are working on and this could create a way for you to get high value and high demand. Also polish your skills as much as you can.
This formula works for me and I think it also work for so many out there.

In this age and time waiting for the government to create new jobs is tantamount to waiting for ever. I think every one out there should grab a skill. So far the government has failed in creating newer jobs for it's citizens and this has been one of the major fueling force for so many economic challenges. Other than. Wait for the old to get retired and new jobs to be created getting a skill can serve as an employment opportunity be it self, co-operate or government jobs

Talking about the ideal aspect cannot be separated from the experience and conditions in which government programs also support the development of the potential that exists within us. Financial freedom will be everyone's dream. Depending on what kind of freedom can make us more comfortable with what we develop both in business, work, investment, and lifestyle. So in general, what I mean is to return to myself where the ideal age has a portion of each that depends on how to process it.

In essence, freedom in managing work without having a burden or demands that make time feel imprisoned is different when we consider it as a routine. The financial freedom that I feel will be different from the financial freedom of others. Take the way of freedom to control what really makes our work comfortable.

The government should make this possible, a sustainable country is where the private sector is aggressive in creating more industry more business because it means new jobs, they should cut red tape and invite foreign investment and tap the country's raw resources to build more jobs, the government should not compete with private sectors and they should just build infrastructure to help the business sector build their business, where there is infrastructure there are businesses to set up.

Providing low quality education are one of the drawbacks and limitations in the growth of a countries economy. You don't have to go crush on any country like(Russia/Ukraine).
Government are chiefly responsible for job creations, but when they fail is high time we take responsibility for ourselves by becoming self employed, this are normally taught in both college and high schools to be entrepreneurs, solving some of the roles in the society will create job opportunities for other and provide a means of income for once self and family.
As it's normalize to go for what you have a natural flare for,so as not to find your job too cumbersome to handle. Recently most people are moving into the digital world wanting to be an influencer and promoters or having a YouTube channel, investment in Crypto Currencies,Nfts, Affiliate marketing and others too many too mention. With the high cost of feeding I think and feel, it's high time we move isn farming as this will lessen a lot of spending in that aspect as even in the next twenty to thirty years people will still want to eat as that is a good business and a self employed business.

In my country citizens believe that  government has the responsibility of creating jobs. But this perception is not 100% true because the government cannot create jibs for everyone. The private sector should be the major employer of labour. But the government has a greater responsibility which is the create enabling environment for businesses to operate. Security, favourable policies and availability of key infrastructures are very important in the quest to attract investors.

Early retirement is not the solution to unemployment because it would still make people unemployed. If you retire someone that is still fit and healthy early he would still go and look for another job. In fact to reduce unemployment retirement age should be limitless. But if the government create an enabling environment for businesses, the owners can run it till they even die.

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.

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.

This is not good because it decreases productivity. The report came out last week of low productivity levels for workers. And it increases inflation because they need to pay a higher wage which is passed on to the customer.

What happens is that due to how many jobs have been automated the number of jobs is going down, and while new technologies also generate new jobs the number of jobs being created vs the number of jobs being destroyed is not the same, and the former is way lower than the latter, this reduces the value of human labor as we have many more people pursuing a reduced number of jobs, so I do no think that the problem of unemployment can be easily solved, and if anything it is bound to get worse.

It will definitely improve the situation. Although I don't think Bitcoin is the complete answer to these problems. Sure, with a deflationary currency, people aren't as stressed about inflation: I hear it all the time telling people in the news that inflation is good for the economy... why? Because they can print money to further increase their incompetence? If governments were forced to work with a limited budget, they would pay more attention to the environment they operate, they would have to pay attention to how they do their job instead of being cumbersome in finding tax revenue. It also doesn't help that all the printing devalues everyone else's savings and forces people to invest in increasing the value of assets like homes. and stocks... I don't know if it's a good idea to force people to gamble with their savings.

Sometimes the problem here is not the government, sometimes people are the problem here especially those who don't really want to have a work and just waiting for the government's help before they move. In my country there's enough opportunity but guess what people still choose not to try to apply for a work because they are asking for more where in fact they are not even qualified for the position that they want. The government should encourage people and not feed them all the time.

Crypto currency will help the unemploymed for now.Only to share the knowledge about the project with the old friend or bitcoin.While sharing the knowledge,he will join their and earn good money from bounty for sure.So he get some employment from the crypto currency.By this way we can eradicate the unemployment in this world country.

And another problem lies within this solution.   How does one achieve financial freedom at an ideal age?  And again this will go to the point where government needs to provide high-paying jobs or business venture opportunities to young entrepreneurs.  Financial freedom is easier said than done because people from all walks of life aim to become one but only a few achieved it.



Rather than focusing only on creating jobs, I think the government must focus on creating and supporting income opportunities for its citizen. This stuff isn't only focused on creating jobs for employees but on creating a source of income for the unemployed, freelancers, entrepreneurs, and investors.

Creating a more healthy job to encourage younger generation to start working and help the economy rise again, because right now many young people don’t want to go for a job right away, they just want to explore first and when they already want, they are having a hard time finding a job because of being unexperienced. Every country have their own unemployment rate problem, is online blogging considered as employed?

There are a lot of reasons behind unemployment and it can't be solved so easily by just choosing A or B.
What was working in past, doesn't work in the modern world anymore. In the past women were used to stay at home and take care of family members, including the children but now they have the possibility to build career and work with men, this significantly increased the competitiveness and made the market more saturated.

The population is increasing and a lot of business integrates the automation system in order to function with minimal or no human intervention that helps them to save a lot of money and increase the efficiency and speed of the operations.
What is the most demanding now? The software development and works associated with informational technologies. Not everyone has the mental capacity to become a software engineer or data scientist, other sectors just pay too low to afford a normal quality of life. People who work in McDonalds, KFC, in supermarkets, Restaurants, etc have to do a lot but are paid very low, this makes them depressed and young people lose motivation. Some people learn economics, business administration, laws, etc but after 4 years of graduation and masters degree they analyze that the market is so competitive and there are so many, so many people out there in their field that it's almost impossible to get employed if you aren't the best or don't have great connections. These young people analyze this fact in late and lose hope.

What will be the most demanding in the future? Trades skills. At the moment there is not much salary in trades but the skilled labor shortage is expected that will in turn increase the salaries. But the young generation was taught that it's a dirty job and they should enter the university and graduate, etc.
The development and adoption of social media, especially Instagram makes it clear that hot girls don't want to be with the boys who do dirt work.

Some people are lazy and play games, their parents earn enough to feed themselves and the family members and don't push their sons and daughters to work.

Summarise everything and you'll understand the mistakes of humanity.

Unemployment rate caused by many reason and you can consider here is the salary that they can get and also there’s a lot of ways to earn money online and maybe this also affects this simply because people will rather choose to earn money on their own that to work regularly everyday especially when they are more effective online. Reducing the retirement age can’t help at all since retired people are no longer part of the unemployment rate computation. Creating more jobs is the key, and increasing the pay so people don’t need to find another job just to support their daily needs, underemployment is also a concern.

As much as possible, creating new jobs will give a very good heads up to the government. It may not be lucrative jobs, but it will lessen the unemployment among its people. With less unemployment, means, people can support themselves and it will also reflect on the spending power of its citizens. Maybe less crime also as people are busy attending their jobs. The government can create new jobs by creating projects for new infrastructures such as buildings, roads and others. The more projects they have, the better for its own people. And with less time for vices, will translate to less crime. So at the end, it will be a win-win situation for the government as well as its people.

The solution is financial freedom at the ideal age. Not all unemployed become a burden when they do have talent but there are no facilities provided by the government. So this often results in macroeconomic instability. Some people decide to retire early from work and open their own businesses, others are still forced to work because of urgent needs driven by rising prices of basic commodities. All financial needs must be considered by the state, but the fact is that at this time the pandemic has wiped out the economy in almost every corner of the country. As a result, the swelling social and economic inequality cannot be overcome.

Permit me to say not can it have a negative impact on the economy but it has already causes many economical problems relating to increasing poverty and social vises such that are the major constitute of crime and fraudulent activities in the society.


Employment of the youths should be one of the utmost provisions government should put in place in other to keep the running of the economy system on a balanced gauge, GDP is very important in every country as this is related with the determination of the  population size and the efficient output of man labour.

Lowering retirement age can't solve the issue of unemployment because this will put the society at risk of having  higher taxes and reduced benefits from Medicare and Social Security and this might pose some insecurity to the society.  on the other hand Job creation without skills might be an average solution but not the ultimate solution. Having job-training programs that can inspire remote jobs, entrepreneurship and partnership can go a long way. it is obvious the government can't employ everyone but programs that can help start-ups can be organized

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.

I think the problem of unemployment is the challenge of the government. Government is responsible for the security of people's lives and property, also to provide better welfare for the people too. If there are no jobs for all class of people then the government is not performing to the best. All class of people suppose to have no  including cripple, the deaf and the dumb suppose to have a living from the government provided job but currently this unemployment is rising.

What I see as unemployment is the dependant of a nation on other nations that it ought not to be, if a nation is not producing and having services enough for the country to grow and develop and create enough employment but depending on other nations goods and work forces that his nation needs, then such country will have high rate of unemployment. Unemployment is not about the retirement age. We can see many countries that are depending on countries like US and China as their leaders failed to develop the countries, see Africa countries that are very dependent and see how their unemployment rate has increased.

Lowering the age of retirement puts at risk the social insurance systems.
An increased amount of retired people increases the costs while a decreased amount of active workers decreases the revenue of the social insurance funds.
Creating government jobs is not a good long term solution for lowering the unemployment rates,because it makes many people dependent of the government and it also increases the budget deficits(while most governments in the rich developed countries have gigantic national debts).
The only way to lower the unemployment rates is to incentivize the private sector to create new jobs.
I don't know if this is possible,because the electricity and oil/gas prices will be going up.
We might enter a period of stagflation and unemployment rates will inevitably go up.

Unemployment can have a negative impact on the entire economy. When fewer people are employed, output and GDP fall. Unemployed workers deplete state and federal government resources while tax revenues are lowered at the same time. Unemployment that persists can have major socioeconomic consequences. During the Great Recession, a research revealed how prolonged unemployment might harm workers' long-term earning potential, affecting the economy for years to come.
The Bureau of Labor Statistics releases the unemployment rate by year for historical statistics on US unemployment trends. It dates back to 1949 and shows the annual percentage of the labor force that is unemployed. It also reflects the success or failure of fiscal and monetary policies through time, as they have an impact on unemployment rates.
unemployment is cause by a number of issues raging from Low level of education, Mental issues, Physical health problems, Gender discrimination, Mobbing, Homelessness, Burnout, Stroke of fate, Financial crisis, Structurally weak regions, Lack of motivation. which begs the question, what is the solution to unemployment?

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.

In Austria, two pension reforms raised the early retirement age (ERA) for males from 60 to 62 and for women from 55 to 58.25. Raising the ERA increased employment by 9.75 percentage points for impacted males and 11 percentage points for affected women, according to our findings. The revisions had a significant impact on the unemployment insurance program, but had little impact on disability claims. Men's unemployment climbed by 12.5 percentage points, while women's unemployment increased by 11.8 percentage points. The employment response was strongest among high-wage and healthy workers, whereas low-wage and unhealthy workers continued to retire early through disability benefits or used unemployment benefits to bridge the gap to the ERA.Taking into consideration spillover effects and higher tax revenues, we show that a one-year increase in the ERA resulted in a reduction of net government expenditures of 107 million euros for men and 122 million euros for women for a typical birth-year cohort.