Topic: Unemplyment at least 50% how world will look like then ? - page 4. (Read 1370 times)

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.

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.

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?

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.

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.

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.      

.The 50% is the number too exaggerated ..
Now a days many people are self employed - people are learning freelancing and earning from their home. That is the biggest liberty they have achieved during Covid

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.

I am not sure why it is 50% when that is a super power - people are getting their needs and government is rich and able to manage the big chunk of their population.
What to talk about the under developed country.

Hard to predict but I guess at least 50% more guns 

the price will not affect the number of unemployed but the price is very identical to the economic condition of one country / and the cost of production of one product offered,
there are many entrepreneurs out there and sometimes many jobs are created but it's just that humans have high ambitions and want to occupy a decent position but don't measure their abilities so many companies refuse, so for 50% unemployment in one country it's an impossible thing according to me, don't know for the others

For sure it isnt really counted on the statistics but rather they are just focusing on the amount of people who doesnt have a work specially on day jobs which they have known.
So numbers wont really be that accurate but in overall where unemployment is really that high on some countries in the world but its true that there are some who doesnt really love
to have day jobs but rather instead on going freelancing and other online investment which they could really able to make themselves sustainable despite on working from their home.
Actually this had been a common big problem from the past or even up to now.

you are very right - many youngsters do not run after companies with CVs in their hands and begging for their job.
They have a small office at home and they are doing wonders from there. It only need one skill and a computer to make to able enough to earn on your own

Since bitcoin has been introduced to the world more young adults or young youths to work to a place that will not give it a value or chance of a Liberty because with the cryptocurrency investment and the cryptocurrency trading you can live a life of indoors and simple with your threading and nobody will know or notice the Genesis of you getting me income or success so cryptocurrency I've stopped a lot of barriers is so many country and also stop a lot of criminal action all the society

Unemployment in different countries can look very different!
For example, in countries with a strong economy and social policy (for example, the United States), this will of course cause an increase in the burden on the budget. But the dollar is what it is and the dollar is to be printed in the USA, and supported by the whole world - the state will pay benefits, prices will be stable, and this can continue for a long time.
Unemployment in the EU will be a little different - the level of social security will be lower, the quality of life of families without work will also be lower. There will be, I do not exclude, forced employment in not the most prestigious places ... But they will live acceptable.
But unemployment in other countries will look more negative. Real poverty, a real collapse of social programs and budgets, the exit of investors and the shutdown of entire sectors of the economy.
Unfortunately ....

No not at all. As per OECD, unemploymeny means


The freelancers are counted in self employed people while the people who are not looking for jobs will be under the category of not available to work. So both these type of people are excluded from the calculation or ideally should be excluded from this calculation i don't know how are these people doing it.

I am not sure if they are adding freelancers in the count or not?
Many youngsters are not applying for jobs but they do their own work from the comfort of their home. Are they unemployed too?

That's not entirely true to be honest. Even though the mentality of the people is a big factor why most of the people remain unemployed. Lack of good paying opportunities is an equal problem. If a good 17 year education followed by an institutionalised degree cannot land you a good paying job then obviously the whole education system should be changed. It's wrong to affix the responsibility of being unemployed on the person himself. Some people think organized education is enough and ideally it should be if you are paying this much for it.

I also don't believe if a country as big as the USA the unemployment rate can reach 50%, that's an enormous amount and I doubt
the US government will allow that to happen. Actually, it is not only the USA that has experienced an increase in unemployment,
but it seems that all countries in the world are experiencing the same thing. Indeed, the impact of the COVID-19 pandemic has made
the world economy even more devastated. Many even say that the current economic crisis is worse than the previous economic crisis.
So the government really has to find an effective solution to this unemployment problem. If a solution is not found immediately,
it will cause other problems, such as the crime rate will increase if unemployment increases. So the unemployment problem is
a serious problem, and I hope the government can move quickly to solve it.

I don't think it's because the opportunity to make money doesn't exist. But the way of thinking of the majority of people still hasn't changed,
there are still many people who think that a good job is to work in a company as an employee. Even though the ease of internet access should be
able to open up opportunities to make much bigger money, there are lots of ways to make money on the internet. This is the importance of
the government providing education to the public, and I hope the government really educates the public seriously. So that many people realize
the opportunity to make quite a lot of money on the internet, and if many people realize this, it is expected that the number of unemployed
will decrease.

Maybe OP has a wrong chart all the time that's why he could say 50% are unemployed where in fact there's a vague line of freelancer and other people doing their best to make money such as business owners who're just started.

It's always the top people who always mess it up and I couldn't disagree with that since I've known people like that in the past. It's so rare to see such people who are willing to do everything just to make their country succeed. That's the president should people have to vote instead of those people who are just good at talking but not in doing.