Solving the Unemployment Problem
Is the unemployment problem more of a math problem than anything else? Let's scale the factors down to understandable quantities. If there are 100 companies in an economy (any country or state in the world), and 10 jobs positions per company then we have 1000 jobs in the economy. If we have 2000 eligible employees in the economy then we are short 1000 jobs!
If 1000 eligible employees compete for 10 or 20 or 30 new jobs then we have today's job situation whereby maybe 50 of the 1000 eligible applicants land a job and 950 applicants did not. This leaves 950 applicants frustrated and a number of companies and recruiters giving 950 applicants reasons why they are not successful. This is clearly not sensible, practical, logical, or even sustainable.
What do we do next? (Hint: more calculations needed?)
If 1000 eligible employees compete for 10 or 20 or 30 new jobs then we have today's job situation whereby maybe 50 of the 1000 eligible applicants land a job and 950 applicants did not. This leaves 950 applicants frustrated and a number of companies and recruiters giving 950 applicants reasons why they are not successful. This is clearly not sensible, practical, logical, or even sustainable.
What do we do next? (Hint: more calculations needed?)
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