Unemployment

[Young Master Smeet]

http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_202320/lang–en/index.htm

Quote:

The number of unemployed worldwide rose by 4.2 million in 2012 to over 197 million, a 5.9 per cent unemployment rate, according to Global Employment Trends 2013.

Leaving aside the horrific poverty implied in that headline figure, and that the 6% unemployment is not evenly spread, but in some cases much higher, blighting entire cities and countries.  Further:

Quote:

The labour market situation remains particularly bleak for the world’s youth, with almost 74 million people in the 15 to 24 age group unemployed around the world – a 12.6 per cent youth unemployment rate.

Again, that average will be lumpy as well.

Yet, with 1 in 20 of the available human work force in enforced idleness, we still produce all the wealth we have, we still have enough wealth, if it were adequately distributed, to feed and clothe everyone; yet the wages system demands toil for some and poverty for others.

[Anonymous]

Young Master Smeet wrote:

Yet, with 1 in 20 of the available human work force in enforced idleness, we still produce all the wealth we have, we still have enough wealth, if it were adequately distributed, to feed and clothe everyone; yet the wages system demands toil for some and poverty for others.

To add to this, a very high percentage of workers are employed in socialiy useless, unnecessary or destructive production. For example wars , bombs, banks, insurance, stock market etc. One can only imagine society's real potential if production was for use instead of for the market. Instead of producing guns we could, for example, be building houses for the homeless or producing more food for the hungry

[robbo203]

Young Master Smeet wrote:

http://www.ilo.org/global/about-the-ilo/newsroom/news/WCMS_202320/lang–en/index.htm

Quote:

The number of unemployed worldwide rose by 4.2 million in 2012 to over 197 million, a 5.9 per cent unemployment rate, according to Global Employment Trends 2013.

Leaving aside the horrific poverty implied in that headline figure, and that the 6% unemployment is not evenly spread, but in some cases much higher, blighting entire cities and countries.  Further:

Quote:

The labour market situation remains particularly bleak for the world’s youth, with almost 74 million people in the 15 to 24 age group unemployed around the world – a 12.6 per cent youth unemployment rate.

Again, that average will be lumpy as well.Yet, with 1 in 20 of the available human work force in enforced idleness, we still produce all the wealth we have, we still have enough wealth, if it were adequately distributed, to feed and clothe everyone; yet the wages system demands toil for some and poverty for others.

 Actually, a more serious problem in terms of the numbers affected is that of underemployment  – particularly in the so called Third World.  This later typically takes an "involutionary" form – to use the term coined by the American cultural anthropologist Clifford Geertz  –  a downsizing or regression in the scale of one's economic activity such as is evident in the case of street hawkers in the informal retail sector in many Third World cities.  So, for instance,  instead of selling boxes of cigarettes you might perhaps sell cigarettes on an individual basis. That way you can tap even  the tiniest of markets, squeeze a sale from even the poorest of customers. The return as far as the individual is concerned is minimal but from a social point of view the waste that it entails is absolutely staggering

[ALB]

I wonder what this suppressed report says:http://www.dailymail.co.uk/news/article-2573535/Effect-immigration-unemployment-smaller-previously-claimed-Theresa-May.htmlIt might puncture the claims not only of UKIP but also of Bob Crow's No2EU and the Scargill Labour Party. It is certainly true that immigration does not cause unemployment. Capitalism does.

[Author]

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