Global job shortage of 40 million in next two years

[FarCenter]

Advanced economies need to create 27.2 million jobs in 2012-2013 in order to get to 2007 unemployment rates. It is projected that only 2.5 million will be created, leaving a shortfall of 24.7 million jobs.

Developing economies need to create 52.8 million jobs in 2012-2013 in order to get to 2007 unemployment rates. It is projected that only 27.7 million will be created, leaving a shortfall of 39.9 million jobs.

As a result, severe labor unrest can be expected, especially in the advanced economies and in the slower growing developing economies, such as in the Middle East.

World of Work Report 2011: Making markets work for jobs
http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/---publ/documents/genericdocument/wcms_166402.pdf

[tabatha]

1. Population control is required.

And there are idiots trying to ban birth control.

[RKP5637]

2. Exactly! I see no reason for people not to have a reasonable number of kids, there

needs to be some sense employed ... and as you say, then we have idiots trying to ban birth control. More and more I think the human race is totally fucked. Earth will survive nicely, but humans, not so sure.

[aletier_v]

3. 36-hour workweek.

154 million full-time jobs in the U.S.

That's 6.160 billion work-hours per week.

6.160 billion work-hours @36 hours per week yields

171 million jobs.


There are 14 million unemployed people.

Do the math.

I guarantee you that your senator and congressman can do it.

Why haven't they?

[Festivito]

4. 20-hour work week. time and a half over 20, double at 30, and up from there.

Aside from the reserve in the working hours calculation is a reserve in overly large payments to the already wealthy.