Why the world thinks you are better off unemployed
Living standards still face squeeze as earnings have failed to keep pace with rising inflation but unemployment is at its lowest in 42 years!
I find this astounding.
A nuclear family in one of the outer London boroughs (2 parents, 2 kids) with husband sole breadwinner will have an income of £30,007 (£577 per week) on a £40k wage plus child benefit of £1,750 per year or £33 per week. Council tax is approx £30 pw. A travel card from zone 4 into town is £43.60 per week.
Pay in full for school meals.
Pay in full for prescriptions.
Weekly total (minus council tax and travel card) of: £536.
A nuclear family where both parents are unemployed in London would get;
child benefit x 2: £33
child tax credits x 2: £115
2 bedroom LHA allowance (outer London) of: £236 or 3 bed if children are different sexes and over a certain age: £300
income support/job seekers allowance: £112.55.
No or little council tax to pay.
Free school meals.
Weekly total of: £497 (2 children both same-sex) or £560 (if different sexes or one over ten).
So, the household with one earner on £40k per week is at the most £39 a week better off than their unemployed counterpart and the unemployed family is not affected by the benefit cap unless they claim the 3 bedroom rate of LHA.
Work really doesn’t pay does it.
So, great news. Even with these astonishing facts, unemployment rates are at the lowest since 1975! Surely, we should be commending all the great back to work programmes and initiatives for the challenging work and commitment for helping achieve this fantastic result!
Employees are significant economic actors. Workers who are paid wages, generally spend more than 100% of their earnings, which stimulates the economy. So economic analysts watch the unemployment figures as a sign of a good economy. More workers will mean more spending next quarter, as workers spend their money.
I’m completely unqualified to answer this question . . . so let’s get started!
First, I’m not sure there is any such thing as an “economic” problem . . . am inclined to think there are personal problems and political problems . . . but economic?
A person who is unemployed is likely to experience personal and financial problems . . . can no longer pay to keep a roof overhead or food on the table. Finances can exacerbate relationship issues.
An unemployed person here or there is easy to ignore. Widespread unemployment in a relatively democratic society will create problems for politicians who want to be re-elected, so must produce solutions and explanations and blame the situation on their opponents.
People who are unemployed are unable to pay taxes to support governmental programs and may instead become programs themselves, in need of support by the still employed who would rather spend their money in more fun ways. Diverting money/resources either forcibly or voluntarily from xy&z to ab&c will probably annoy some individuals and delight others, but I’m not sure it qualifies as an “economic” problem.
So, what do people need to be employed?
results in skills, which
Creates economic value, which
Incentivizes a business to hire you, which
Creates a pay check for you, and thereby
Profits the business and the employee.
This happens when the employer is free to hire the workers needed at the wage concomitant to the skill sets available in a market. Employees benefit by being able to choose their work, self-determine the amount of effort they are willing to put in the economic system and reap the rewards they’ve earned.
Enter the government with every good intention and sets the wage. Results are going to be additional unemployment. Concurrently, if the government allows for mass immigration (suppose legally for this example) of lower skilled workers. The surplus of workers seeking a wage is thus created, which drives down income at the low-end of the market.
Allow workers to enter the market place with the skills they work for (or don’t work for) and supply of their labor will equal the wage necessary for businesses to hire and stay open—and profitable.
Present day situation in the society.
This is the result of earning money without doing anything for this society. Educate the people, those who are around you, up to your limit. Don’t follow the crowd. Just Make your own way.
How about this…. You have finally graduated. It is on to the Career Path. Bearing in mind that you have 50/50 chance to succeed or fail, with all the faith you can muster, you sell your skills to the world.
But years later, the world still does not respond to your services. You try all you can to make sure your skills are on the radar but it doesn’t care about your talents.
No matter how much you pitch your strengths, it seems that the world isn’t given you any audience.
Well here is the thing, the world thinks that you are better off unemployed.
Now why would the world feel that you don’t need a job? Why would the world believe that you are better off staying in the unemployment circle
Here are the reasons which might surprise you:
The World can’t keep up with its promise to Job Seekers including You
There was a time when it was so easy to get a job. You finished from the university, graduated and there was your job waiting for you with beaming smiles.
It was easy for the world to give out jobs and the adage “Go to School and Get a Job” was the popular wisdom; in fact, the world promoted this slogan. It was confident to give you a job.
However, after much innovation, economic reforms, revolution, evolution plus the rise in technology, the situation seems to be different. Jobs have become far-fetched for the job seeker.
The world is trying so hard to keep its promise to give you a job with several policies and strategies, but alas it seems to be losing the war.
The World Can’t keep up and handle The Excuses
You might be feeling that it is not your fault for not having a job. You must be cursing why the world would put you in a state of unemployment. You must be depressed that you can’t do anything about it. Turns out that you are not alone.
So many job seekers are in pain wondering why the world would put them in a state of confusion. Why aren’t there campaigns for more jobs? Why are there so much downsizing among workforce? How come there is much corruption when there are so many unemployed youths?
While these issues look valid, the world sees them as excuses which are affecting its progress.
Now this is strange to the world; why do people hold on to excuses when right before them are so many Golden nuggets? Why do people fail to see these nuggets as dream jobs but easily see failure?
Strange isn’t? Why do you feel that there is no Job opportunity? Do you believe that your situation has no solution or are you just holding on to Excuses?
You are making it Difficult for the World to make a Difference
You are sure starving the world of inspiration. You are making the world lose its battle in being a better place without realizing it.
It is easy to blame the world for your lack of a job. It looks good to point your finger at the world because it is sure not doing enough to make you have your dream a reality.
But does the world really owe you anything? Does the world really owe you a living? Is the responsibility of the world to make your life so full of bliss or are you responsible for such life?
Here is the thing If you knew how much you make a difference to the world, you would never hold on to its realities because it is through your realities that the realities of the world become profound.
Indeed, no matter what you think or believe, the world is helpless without you. You shape the world in ways you have never imagined.
Believing that you have no say in the world, is what is limiting you to the products of your Culture, Society and even Politics.
Therefore, the world is saddened that you are given it the responsibility to make a difference in your life. It can never fulfill this goal because it is not equipped to do such.
The world marvels why you can’t see your amazing gifts. It wonders why you seek its validation to prove you are worthy.
So, What Should You Do?
In times of adversity – You must always choose to move forward. Progress is a choice. Job creation is a choice. Whether you move forward or back: this too is a choice. So, what is your choice?
Open your mind, expand your options, and create your own opportunities.
Take a temporary contract. Volunteer, start your own business, make use of your connections, take advantage of your hobbies. No more excuses. Making positive changes in your outlook and mindset is very important.
The world is full of problems that it can’t solve. It is only your unique skill set and experience that are needed to solve these problems.
Think about this: Why is it that despite the abundance of Job unemployment, a few people still make a difference?
What is that these set of pacesetters see that are not obvious to rest?
You have a voice inside you that has the power to overcome all self-imposed standards and cause a transformation to the World. You are the power tool that shapes the world.
It is time for you to take responsibility for your life. You have got so much to offer and so much skills that can make a difference.
If the world can’t create a place for you to express your skills then you need to find a way to create one for yourself.
Are you going to give the responsibility of your dream job to the world or are you going to take the initiative to create the job of your dreams?
Over to you
What do you think? Is the world justified to make you unemployed?