Long term unemployed or low-paid becoming a major challenge for developed countries

Friday, July 10th 2015 - 08:07 UTC

Full article 4 comments

The financial crisis dealt a blow to the jobs and future prospects of many workers around the world, particularly in Europe. But while unemployment in Europe is now falling for the most part, deeper technological change is making it harder than ever for people to get out of the long-term unemployment or low-paid, insecure jobs they were plunged into by the crash, according to a new report by the Organization for Economic Co-operation and Development. Read full article

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Conqueror
At least he has experience in the proper spheres. Unlike Stiglitz.
Jul 10th, 2015 - 10:25 am - Link - Report abuse 0
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yankeeboy
There's always going to be people on the bottom of the ladder, at the end of the spectrum. It is the gov'ts job to make sure that there is equal opportunity through the rule of law and fluidity in the market. Its the individual's obligation to get educated and move up through the ranks if they can.

Giving free money to slum dwellers will move more people into poverty over the long term and trap those people in a permanent welfare state.
Jul 10th, 2015 - 03:03 pm - Link - Report abuse 0
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ilsen
@2 yankeeboy

Excellent comment. Venezuela is a fine example. Just look what has happened there. Populist socialism breeding poverty. It drags everybody down in the end.
Jul 10th, 2015 - 03:34 pm - Link - Report abuse 0
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yankeeboy
Stealing from one sector of Society to give to another never works. It will only make everyone poorer.
Jul 10th, 2015 - 04:30 pm - Link - Report abuse 0
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