Eh? In which countries are you talking about, as the world is a big place. For many countries in Europe, North America and other places - employment rates right now are pretty healthy and high. There is a constant turnover, like any point in history, where old industries get replaced by new industries or improvements in processes. You always have to keep adapting to the current trends, unless you have a trade which is likely to be useful for a long time, like a hairdresser or electrician. I do feel bad for younger generations however, because the jobs that have been squeezed the most lately are the low paying and entry level ones which are often used to gain experience in the world of work.