Solution to unemployment: creating new jobs or early retirement

[robelneo]

The only way to lower the unemployment rates is to incentivize the private sector to create new jobs.

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.

[hyudien]

The solution is financial freedom at the ideal age.

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.

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.

[Alisha-k]

The only way to lower the unemployment rates is to incentivize the private sector to create new jobs.

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.

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

[yawars20]

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.

[Rruchi man]

The solution to unemployment some would say is to create more jobs.

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.

[Mahanton]

The only way to lower the unemployment rates is to incentivize the private sector to create new jobs.

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.

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

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.

[Fortify]

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.

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.

[romero121]

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.

[Markinzo]

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.

[smartcontracts100]

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.

[Freeesta]

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.

[AicecreaME]

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.

[palle11]

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.

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.

[justdimin]

The solution to unemployment some would say is to create more jobs.

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.

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.

[wxa7115]

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.

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.

[Fivestar4everMVP]

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.

[uneng]

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.

[Oilacris]

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.

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.

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

[KennyR]

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.

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 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.

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.

[suzanne5223]

which begs the question, what is the solution to unemployment?

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.