The World Is Facing A Global Job Crisis (employment, 2014, middle class)

[Nimz]

The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth, and there is no magic bullet to solve the problem, the World Bank warned on Tuesday.

In a study released at a G20 Labour and Employment Ministerial Meeting in Australia, the Bank said an extra 600 million jobs needed to be created worldwide by 2030 just to cope with the expanding population.

"There's little doubt there is a global jobs crisis," said the World Bank's senior director for jobs, Nigel Twose.

"As this report makes clear, there is a shortage of jobs — and quality jobs."

http://www.businessinsider.com/afp-w...isis-2014-9The World Is Facing A Global Job Crisis

[pvande55]

If this is true, expect government around the world to take steps to keep jobs in their countries, and to preserve existing jobs. Except in the US, where politicians encourage the exporting of jobs. Will nations grateful for sending our jobs to them help bail us out? Not likely.

[BigDGeek]

I already knew we were screwed. Didn't need to have my Tuesday ruined by this.

[shiphead]

Originally Posted by Nimz

http://www.businessinsider.com/afp-w...isis-2014-9The World Is Facing A Global Job Crisis

"There is no magic bullet to solve this jobs crisis, in emerging markets or advanced economies," Twose said.

Yes there is. There are several magic bullets to fix the problem and make everyday citizens in the G20 countries happy, but that would requiring the governments in these G20 countries to be absolutely miserable. And as I see it right now, all G20 countries are failing the Russian and Chinese onslaught that is happening online right now. Ironically both of those countries are apart of the G20.

Originally Posted by BigDGeek

I already knew we were screwed. Didn't need to have my Tuesday ruined by this.

I know right? haha

[Suburban_Guy]

We are screwed collectively as a world.

Robots are replacing us as we speak.

The richer are getting richer, while the middle class is disappearing and the poor get poorer.

Everyone is competing for scraps and whatever minimum wage job they can find (or two or three at the same time).

[Mikelee81]

According to the "Age of Reason"

[Bideshi]

Originally Posted by Suburban_Guy

We are screwed collectively as a world.

Robots are replacing us as we speak.

The richer are getting richer, while the middle class is disappearing and the poor get poorer.

Exactly, and the really disturbing question is what will the rich and powerful do with all the un-needed human workers?

[Bideshi]

Originally Posted by Mikelee81

According to the "Age of Reason"

That is from the Georgia Guidestone.

[Mikelee81]

Originally Posted by Bideshi

That is from the Georgia Guidestone.

[Bideshi]

OK, Most people would think of Thomas Paine's "Age of Reason".