Employment is the common denominator across every sector of the economy. Without it business is doomed, the economy crashes
Is there a solution to the Employment situation that is being faced by every country in the world? What is the cause of this employment crises when there appears to be billions of $$’s floating about?
Why is Employment the Common Denominator?
With more people unemployed there is less spending money for luxury or unnecessary items. The basics become less accessible as there is less money. The pool of consumers decreases, increasing competition resulting in spending in areas which do not drive the economy forward.
Unemployment is the key obstacle to a sustainable economy.
“Fitting into the economic model is the most important issue of sustainability. Good ideas that mop up what remains of consumer capability to spend is not a sustainable model. The question is in all of this, what is being done in all this e-business expansion to nurture employment for the. Consumer. Unless the consumer is gainfully employed our market becomes smaller and smaller for all those providing services and production of goods. The way the economy appears to be going is propping up the market through credit that is less and less secure and the big e-companies are relying on advertising that is supported by desparate companies fighting for a smaller and smaller less secure and less viable consumer market. The tension in the economic model in maintaining the viability of the consumer is the in the economic model As automation sheds more jobs for the consumer and monopolies become larger with the pure focus for increased profit without looking seriously at their duty in supporting the economic model by contributing seriously to secure employment. This balance in the economic model is what provides sustainability. Expansion, creating monopolies and the amassing of profit but neglecting employment destroys the social economic machine.” Denis Jenkins