have we ever actually eliminated unemployment at any point in the history of capitalism? no? weird, it’s almost like poverty and unemployment exist to force workers to work for lower and lower wages and to tolerate shitty working conditions lest they end up unemployed and evicted
there was a labor shortage during wwii - that’s what it took was a world war and war profiteering
I keep seeing this, though, and like….. In an ideal capitalistic system, the unemployment rate is 3-4%. The idea is that when you’re looking for a job, you should be spending the time researching good fits for you, finding positions that optimize your potential. I’m not saying that happens, but it is a good goal?? If unemployment is 0, people are just moving from one job into the next…. And yeah, some positions are probably going unfilled. I.e., a business that needs a worker doesn’t have a worker, and if that worker would be a necessary part of the business, the business might go under…. And thus contribute to unemployment?
(The unemployment rate is out of people who are in the labor market, which I feel like is an important note, if not quite directly related to the above…. If you’re out of work and not looking, you’re not counted in as “unemployed,” because you are not considered “in the labor market.”)