Post
Topic
Board Economics
Re: Unemplyment at least 50% how world will look like then ?
by
325btc
on 17/12/2023, 20:07:14 UTC
Depends on the nation, would you be shocked to learn Ukraine has that? I do not know if they do, but if they do that would make sense because they are in a war, USA may not, of course it looks like a distant future thing or at least unrealistic for the time being, but even that wouldn't shock me if it happened 10+ years from now because we are not growing big enough to hire everyone, and the population keeps on growing, meaning it is going to cause a lot of people to be unemployed eventually.

The amount of people we have is growing, but the amount of money is still stuck with a few thousand people at most, meaning we are creating more poor people every single day.
I Have read in other forum that Philippines has grew in crypto during COVID and now the people have brought it to top 10 - very amazing though
Now the youngster are not looking for the job they are working on their own small businesses - working from home on a small table and earning good amount
so I am not sure if that 50% includes those people who are working from home as well?
If a person generates an income then I think that is considered as employed (self employed) but indeed that during the beginning of the covid many people are switching online because they are either get removed from their jobs or they find it much safer than going outside and catching the disease.

I know that not all people have the ability to do same so they are still looking forward to work in an offline job. The unemployment rate won't grow if there are no wars and covid viruses but both of these events can soon to subside so I believe that the unemployment rate will also get lesser especially now that the online business is booming.


We are here now