Unemplyment at least 50% how world will look like then ?

[Gyfts]

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?

[1715577329]

1715577329

[wiss19]

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.

[Wakate]

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.

[Quidat]

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.

[BuNga_cute]

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.

[bitgov]

T
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

[arwin100]

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.

[Oasisman]

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.

[Republikcoin.com]

...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.

[Mauser]

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.

[sana54210]

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.

[Xampeuu]

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

[Sang Prabu]

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.

[Smack That Ace]

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.

[poldanmig]

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.

[ChiBitCTy]

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.

[Lanatsa]

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.

[BuNga_cute]

T
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

Financial freedom is a goal for many people, but it is not easy for us to achieve it. Depending on how serious we want to achieve it, for people
who work hard and never give up usually achieve financial freedom faster. But because the current state of the world economy is not in good
condition, the possibility of our struggle for financial freedom is of course much more difficult. But nothing is impossible, so don't be discouraged,
we should become more and more challenged with the bad economic situation like now, to work a lot harder than before and prove that we can
achieve the financial freedom that so many people desire.

So don't make bad economic conditions the reason we become unemployed, because the opportunity to make money is always there and available,
actually we all need motivation to be able to fight even harder and achieve the financial freedom we want. Therefore it is important that we have
a positive environment and learn positive things, it is to motivate us to strive for financial freedom.

[bitgov]

So don't make bad economic conditions the reason we become unemployed, because the opportunity to make money is always there and available,
actually we all need motivation to be able to fight even harder and achieve the financial freedom we want. Therefore it is important that we have
a positive environment and learn positive things, it is to motivate us to strive for financial freedom.

there is one more solution to live within your means ......This can save us from so much hustle and this can also bring in so much relief to person life,
To much lust for money and always bragging for money can make a person mentally at a difficult situation so better be safe than sorryy

[mich]

It would be hard to imagine if 50% of the world population were unemployed. I think it could be very bad to have so many out of work.

Currently, I suspect most of our governments social programs couldn’t support that level of people in need of assistance and I fear it could push us into a global economic depression.

The reality is I think UBI could fix a lot of these problems but we need to design a system to support so many in need.