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Topic: Unemplyment at least 50% how world will look like then ? - page 3. (Read 1206 times)

hero member
Activity: 2786
Merit: 646
If the world reached an unemployment level or at least 50%, I think that we are all in a massive level of hurt. There would have to have been some sort of catastrophic event that took place in order for that to even be possible, which likely means unemployment is the least of our problems.
Doesnt matter on what would be the percentage would be because it would be pertaining on something a global type of problem on which each country does have although it differs on different scale on some point

but it would really be still a problem which cant really be resolved and there's nothing we could do about it as a citizen and just like on what others been saying that if you do find out that you do have a hard time

on sustaining your living for survival then it would really be just wise for you to look for another source of income.Trying not to be that problematic about global problems which you shouldnt
mind in the first place.
legendary
Activity: 2240
Merit: 3002
If the world reached an unemployment level or at least 50%, I think that we are all in a massive level of hurt. There would have to have been some sort of catastrophic event that took place in order for that to even be possible, which likely means unemployment is the least of our problems.
sr. member
Activity: 1372
Merit: 275
Maybe real numbers can be greater than 50%, the economic and pandemic crisis makes the economy continue to decline, most people work non -formal to meet needs, even in my country the poverty level continues to increase but the other side of millionaire continues to grow because of a corrupt country and full of problems.
The pandemic that continues to hit the world has caused many countries to experience drastic economic changes, the economic changes that occurred due to the pandemic finally impacted many companies and also other employment sectors which finally closed, I think now countries in the world are starting to restore their economies and If the economy returns to health later, the labor market will be abundant again so that the unemployment rate will later fall.
legendary
Activity: 1750
Merit: 1094
Assalamu Alekum
The global economy is difficult and increasing inflation makes many businesses and business fields bankrupt so as to increase unemployment, this can make everything more difficult to predict, but we must be optimistic by maximizing income with many things. For example, use empty land for us to plant vegetables or short -term fruit so that it can increase income.

That is the solution, we can't rely on the government's solution, but let's advocate for ourselves to find a way to get us out of this difficulty.
I have to sleep less and work overtime to earn extra income. It's very difficult to predict when things will return to normal so I'm just trying my best and doing everything I can to get through this difficult period.
member
Activity: 319
Merit: 11
Maybe real numbers can be greater than 50%, the economic and pandemic crisis makes the economy continue to decline, most people work non -formal to meet needs, even in my country the poverty level continues to increase but the other side of millionaire continues to grow because of a corrupt country and full of problems.
full member
Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
Some scientist say that with the advancement in AI and automation of production cycles, more and more workers become obsolete. I read somewhere that within 30 years 50% of the current workforce won't be required anymore. The question is then what to do with all these people. Firing them or waiting for retirement age to come and not replacing them could be one way. But politicians need to address that issue, it can't be that that 50% of the population is without a job and without money. At the next election they would vote for some radical party and everything would change. One approach would be to give a basic income to everybody without working. Like that the money will stay in circulation and the companies that save more money through less workers need to be taxed more.
No need for a scientist to know this but even us common individuals already know that this can happen soon. In fact many companies right now are using advanced technologies like for example on some restaurants they now have robots which serves food to their customers. Though there is still a need for a worker like when cooking the food in the kitchen because robots can't possibly do that.

In next 30 years, maybe most of the workers that currently works in a company are going to retire so they shouldn't worry about those incoming new technologies. For those who are still young, maybe there are more better opportunities that can come to them. Like they can work online like us, since the world is now starting to become digital.
for those who have experienced layoffs, of course they will switch to starting a business or applying for another job. there are also those who deplete their savings to make ends meet. it seems that if we are observant, there will be a lot of job opportunities with the transition of the season like now, during a pandemic, conditions like that are what we see a lot, but various online businesses have sprung up, and many people use them to earn money, so basically we have to be able to adapt to changes in nature in order to stay alive
legendary
Activity: 3178
Merit: 1128
Some scientist say that with the advancement in AI and automation of production cycles, more and more workers become obsolete. I read somewhere that within 30 years 50% of the current workforce won't be required anymore. The question is then what to do with all these people. Firing them or waiting for retirement age to come and not replacing them could be one way. But politicians need to address that issue, it can't be that that 50% of the population is without a job and without money. At the next election they would vote for some radical party and everything would change. One approach would be to give a basic income to everybody without working. Like that the money will stay in circulation and the companies that save more money through less workers need to be taxed more.
No need for a scientist to know this but even us common individuals already know that this can happen soon. In fact many companies right now are using advanced technologies like for example on some restaurants they now have robots which serves food to their customers. Though there is still a need for a worker like when cooking the food in the kitchen because robots can't possibly do that.

In next 30 years, maybe most of the workers that currently works in a company are going to retire so they shouldn't worry about those incoming new technologies. For those who are still young, maybe there are more better opportunities that can come to them. Like they can work online like us, since the world is now starting to become digital.
hero member
Activity: 1694
Merit: 516
Some scientist say that with the advancement in AI and automation of production cycles, more and more workers become obsolete. I read somewhere that within 30 years 50% of the current workforce won't be required anymore. The question is then what to do with all these people. Firing them or waiting for retirement age to come and not replacing them could be one way. But politicians need to address that issue, it can't be that that 50% of the population is without a job and without money. At the next election they would vote for some radical party and everything would change. One approach would be to give a basic income to everybody without working. Like that the money will stay in circulation and the companies that save more money through less workers need to be taxed more.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
...In the modern world everyone works no one is lucky to have the golden spoon in their month,
Financial freedom is important try to achieve it asap
Permanent work is something that must exist now even though it does not have to depend on just one job because everyone who has special knowledge can have two to three jobs by utilizing the environment, capital and technology so that financial freedom can be more easily obtained by certain people. Especially in this modern world, almost anything can be used as a routine job.
hero member
Activity: 2492
Merit: 547
Rollbit
Unemployment at least 50% in usa at least so how THE wprld world will look like ?
Definately all prices will 80-90%down


Unemployment and poverty are two different things.
If you're unemployed it doesn't mean your suffering from poverty, and poverty doesn't mean you're unemployed. So, I guess high unemployment rate doesn't translate into something negative financially to every individual who have been unemployed. Though it affects the national economic state as unemployment means less mandatory tax. Unemployed people who are still earning can have the freedom not to pay taxes. That's the huge difference.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Unemployment at least 50% in usa at least so how THE wprld world will look like ?
Definately all prices will 80-90%down

I can't really understand what you have written but I think you are talking about the effects of unemployment in the world and how it will look like. Unemployment is the major factor that cause crimes and inflation. If people does not have money to buy food or what they want, it will affects the circulation of money and cause crimes and other effects. If the world people ever goes down to have 50% unemployment then many things will go wrong and crime will increases.
Thats why its one of the governments responsibility on providing sufficient jobs which would really make their citizens able to have a job and would decrease unemployment rate which means
it would also lessen the curve in terms of criminality or simply with poverty.We know that on each country does have different economic state which simply means that each country
would have different level of unemployment rate and cant really be generalized that every corners of the world does experience this problem but much sure that majority of countries in the
globe are definitely into this condition and as an individual then better not wait for government aid or offering but rather see other alternatives which would give you other side income.

Government should conduct frequently a skills enhancement program or they maximize their vocational schools so that their citizens will be more equip with quality skills which they can use to create their own job at their comfort. Many people look only at office jobs are the decent one but they don't know if they work with there skills it will give them more income and also can produce jobs for other job seeker to.
sr. member
Activity: 1554
Merit: 260

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Now it is very modern, so work can be anywhere and most importantly never be lazy to find information and improve our skills. But it is unfortunate
that there are always people complaining that they have difficulty getting a job because they are lazy to search  or information on the Internet.
Or there is a typical person who is too picky in his work, he just wants to work in the field he likes, and finally the person chooses to be
unemployed. Therefore, as I said, as long as there is a strong desire to earn income, surely we can find a way how to make money and
avoid being unemployed.
...In the modern world everyone works no one is lucky to have the golden spoon in their month,
Financial freedom is important try to achieve it asap
full member
Activity: 1736
Merit: 116
The global economy is difficult and increasing inflation makes many businesses and business fields bankrupt so as to increase unemployment, this can make everything more difficult to predict, but we must be optimistic by maximizing income with many things. For example, use empty land for us to plant vegetables or short -term fruit so that it can increase income.
I am not sure if the percentage mentioned is the right percentage - because many people are self employed.
Does that percentage include the self employed people as well? However -I believe a skilled worker is never unemployed. It's good to get a degree but its also an excellent approach to learn a skill as well.
I think it's not totally accurate but it can only be an estimation and like you said there are people who are self employed. A skilled worker can never be unemployed. That can be true for those who are still eager to work but what about if they are lazy? I know some people who have a certain skill but are lazy so they end up not working at all.

These people are lucky to have a working parent and a working wife/girlfriend but for someone who don't have anything to depend on other than their selves then they need to get up every single day to work even if they are lazy. Having a degree is helpful to get a certain job but there are many skilled workers especially online where most of them only attain high school.

It is difficult to determine how many are the number of unemployed accurately. but we don't need to see what percentage of unemployment
we can judge for ourselves from the situation in the area where we live today, which saw more people being unemployed when the pandemic
occurred. Actually as long as we are not lazy and want to improve our skills, work is always there. Especially with the ease of internet access,
there should be lots of ways to make money. Even today, many self-employed have a large enough income, so don't always want to work in
the real world, when in fact there are quite a lot of jobs online that we can easily get and can make quite a lot of money.

Now it is very modern, so work can be anywhere and most importantly never be lazy to find information and improve our skills. But it is unfortunate
that there are always people complaining that they have difficulty getting a job because they are lazy to search  or information on the Internet.
Or there is a typical person who is too picky in his work, he just wants to work in the field he likes, and finally the person chooses to be
unemployed. Therefore, as I said, as long as there is a strong desire to earn income, surely we can find a way how to make money and
avoid being unemployed.
hero member
Activity: 2548
Merit: 533
Unemployment at least 50% in usa at least so how THE wprld world will look like ?
Definately all prices will 80-90%down

I can't really understand what you have written but I think you are talking about the effects of unemployment in the world and how it will look like. Unemployment is the major factor that cause crimes and inflation. If people does not have money to buy food or what they want, it will affects the circulation of money and cause crimes and other effects. If the world people ever goes down to have 50% unemployment then many things will go wrong and crime will increases.
Thats why its one of the governments responsibility on providing sufficient jobs which would really make their citizens able to have a job and would decrease unemployment rate which means
it would also lessen the curve in terms of criminality or simply with poverty.We know that on each country does have different economic state which simply means that each country
would have different level of unemployment rate and cant really be generalized that every corners of the world does experience this problem but much sure that majority of countries in the
globe are definitely into this condition and as an individual then better not wait for government aid or offering but rather see other alternatives which would give you other side income.
hero member
Activity: 924
Merit: 518
fillippone - Winner contest Pizza 2022
Unemployment at least 50% in usa at least so how THE wprld world will look like ?
Definately all prices will 80-90%down

I can't really understand what you have written but I think you are talking about the effects of unemployment in the world and how it will look like. Unemployment is the major factor that cause crimes and inflation. If people does not have money to buy food or what they want, it will affects the circulation of money and cause crimes and other effects. If the world people ever goes down to have 50% unemployment then many things will go wrong and crime will increases.
sr. member
Activity: 2072
Merit: 337
The global economy is difficult and increasing inflation makes many businesses and business fields bankrupt so as to increase unemployment, this can make everything more difficult to predict, but we must be optimistic by maximizing income with many things. For example, use empty land for us to plant vegetables or short -term fruit so that it can increase income.
I am not sure if the percentage mentioned is the right percentage - because many people are self employed.
Does that percentage include the self employed people as well? However -I believe a skilled worker is never unemployed. It's good to get a degree but its also an excellent approach to learn a skill as well.
I think it's not totally accurate but it can only be an estimation and like you said there are people who are self employed. A skilled worker can never be unemployed. That can be true for those who are still eager to work but what about if they are lazy? I know some people who have a certain skill but are lazy so they end up not working at all.

These people are lucky to have a working parent and a working wife/girlfriend but for someone who don't have anything to depend on other than their selves then they need to get up every single day to work even if they are lazy. Having a degree is helpful to get a certain job but there are many skilled workers especially online where most of them only attain high school.
legendary
Activity: 2744
Merit: 1512
A society in which half of the population is unemployed is a society plagued by disease or war. Even at peak COVID, no developed country reached 50 percent unemployment (and that was even with the most stringent lockdowns).

I see some people referencing UBI. UBI is only sustainable if you have a population that can subsidize the poor. A country with half of its workforce unable to work means puts too large of a burden on the other half. I don't even think UBI is sustainable in a modern economy with a 5% unemployment rate, let alone that of a 50% unemployment rate. Incentivizing people to not work only creates more class tension, and a tendency to live off the government.

Has there ever been a successful country that has created a social welfare state?
sr. member
Activity: 1554
Merit: 260
The global economy is difficult and increasing inflation makes many businesses and business fields bankrupt so as to increase unemployment, this can make everything more difficult to predict, but we must be optimistic by maximizing income with many things. For example, use empty land for us to plant vegetables or short -term fruit so that it can increase income.
I am not sure if the percentage mentioned is the right percentage - because many people are self employed.
Does that percentage include the self employed people as well? However -I believe a skilled worker is never unemployed. It's good to get a degree but its also an excellent approach to learn a skill as well.
legendary
Activity: 3094
Merit: 1127
Unemployment at least 50% in usa at least so how THE wprld world will look like ?
Definately all prices will 80-90%down

Unemployment had been one of the major challenges of Evey nation to ensure their citizens are employed having something to do so to avoid crime. Crime had been a good path for unemployment people going to do odd jobs just to get food on their tables. The rate at which unemployment is rising, it will reach a time when the rich will no longer be safe because crime will increase drastically and the authorities will no longer be able to handle crime.
As the rate of unemployment is getting higher,  people who learn how to not depend in government or any private sector,  they will learn how to create talent that will help them generate money to survive.  People will always find their way out, even right with the tough economy people are getting used to it and to survive without government.
Sensible way on handling out yourself but if you do have that degree then you do have that called ego will surely be making yourself mind that you should really get a job which would really be justifying
on what you had studied for couple of years because you are tending not to waste up those times that you do get learning but if you dont really have any choice then you would definitely make yourself
to be productive and if  you dont have any choice then you would really easily switch to freelancing and its true that being dependent sometimes would lead you nowhere.
Unemployment rate would really be depending on each country on which percentage will really be different but still be considered a main problem in most countries.
legendary
Activity: 840
Merit: 1004
Yes, there could be lots of opportunities for everyone. More businesses are being established since most countries are now recovering from the pandemic. Some people are blaming the increasing number of unemployment rate on the government but the fact is, they lack skills and others don't have the eagerness to look for opportunities. The success of a person depends on their determination and hard work.
Yeah, you are right to state that diligence and determination are pathways to business success but the government would definitely get the blame if they are not performing their responsibility. Businesses would be prosperous if government provide the necessary infrastructures that is needed. A country that lacks basic amenities such as good roads, constant power supply, favorable government policies would not encourage self employment.  A nation that the government is corrupt and inefficient would be a graveyard of great business ideas. In my country the government killing business with multiple taxation due to unfavorable policies.      
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