The Employment to Population Ratio

I think it's quite obvious that our government is much more capable of exercising control over the people than the people are of controlling the government.

Are you saying the people don't want to control their governments?

 

In a free market, a firm can't generate involuntary unemployment. In a free market, if a worker wishes to be employed, he can find employment.

 

What happens when there are more people than available jobs? What happens when the available jobs require a specific skill set, that those seeking employment don’t have, and don’t have the means to acquire?

 

the law of supply and demand obviously, wages go down until everyone is employed. When there are more jobs than workers it reverses. Wages go up until all jobs are filled. Econ 101

 

Well, no, but my question was directed at Longshot who claimed anyone who wants a job in a free market can have one.

 

generally true thanks to the law of supply and demand

 

I'm thinking you are quite young.

I'll go this far, I can always find unpaid work.
I can often find work that doesn't pay enough to meet my bills too.

 

Do you know how supply and demand works in an economy?

 

I am a robot. I have no age.

And whose problem is that?

 

It essentially comes down to an innocence over supply and demand. They're effectively churning out rejected supply side economics (if they tried to add some meat, it would be guff based on the natural rate of unemployment and how all we need to worry about is reducing that rate via attacks on unions and the welfare state). They haven't factored in demand at all.

 

Not being able to feed myself is typically my problem.
Sometimes my mum's.

But **** happens.

It's not the case that opportunity always exists.
It's not the case that there is always work.
It's not the case that people who have bad breaks deserve them.
And it's not the case that every hole you find yourself in, you will have dug for yourself or be able to get yourself out of.

There is such a thing as a poverty trap.

I've has every advantage in life. Good family, good health, good education. Good friends. Good country. And yet I've still damn near starved to death. Go figure.
Not everyone has the same chances in life as me.

 

Except for the scenario I presented, which has yet to be answered.

 

this is a question. Not an answer to my question. Try again.........What happens when there are more people than available jobs? What happens when the available jobs require a specific skill set, that those seeking employment don’t have, and don’t have the means to acquire?

 

Hopefully migration, otherwise, starvation.

 

In economics 101 you learn that supply equals demand in a free economy so everybody gets a job and everybody can find bananas in the store. The supply of bananas always equals the demand of bananas. Do you understand?

Noticed that river hasn’t got a clue in 100 million years that rAHL couldn’t possibly understand a word thst he just wrote But river persists on theory that people will mistake obscure gibberish for intelligence

 

no, as this isn't isn't econ 101

 

Okay...how about a law that states; No citizen or government employee or elected official shall commit fraud against government?

Let me know how well this law will be self-enforced? It will keep the honest...honest but the other 99% won't care...

 

It's not the 'profit motive' in the sense that profits are the only thing of concern! Regulating labor is little more than good management practice.

My statement was about recruiting from anyone except the chronically unemployed...

 

One example; deficit spending...people are not going to demand a stop to deficit spending because it directly effects the people...

 

Make wiser laws.

By and large it's the 99% who are honest and the 1% who are not.

 

I see op was banned. Not sure what happened. I had a few questions.

- Is there a chart that shows the number of jobs created over the years?

- Is there a chart that shows what sectors lost and gained the most jobs during the periods of time being discussed?

- Is there a chart that shows participation of women in the work force for the same period of time?

Maybe someone can post those?

 

Then people find more jobs that need doing. In free market, nobody can be prevented from making himself gainfully employed.

 

Actually it is the profit motive. Efficiency wages is based on the premise that market clearing wages are actually irrational (i.e. inconsistent with the profit motive). Its backed up by empirical evidence.

But that's not important. Just the nature of labour demand will generate long term unemployment problems. That is all driven by profit, rather than supply side criteria.

 

I thought of a few more.

- How many jobs does each person have? Please include part and full-time positions.
- How many are collecting their social security and/or other retirement funds and working in part or full-time jobs?
- How did the number of births gain or decline during the period of time?
- How did the number of those immigrating gain or decline over the period of time?
- What was the change in real income over the period being discussed in terms of gender and combined?

 

Who is going to pay for the work?
Resources are finite.

I can always find a job that needs doing, but I can't always find someone who can afford to pay me a living to do it.