What are the advantages of unemployment - if any.?

Question

Surely the nanny state New Labour is imposing means just this?

Its nothing personal! but I do work. Actually in a special school with children who have behavoural problems...in fact they came up with the same sort of answeres and attitude. Is it catching?.

Answer 1

The advantages of Unemployment is that the wages cost to an employer have a downwards pressure. At the start of the industrial revolution Industrial employers took labour from the agricultural sector. The Land owners who controlled parliament enacted the poor laws denying the right of labour to travel out of their parish. the effect was Irish immigration to supply the labour requirements of the Industrial employers until the poor laws were repealed. Full employment draws labour from pools of labour over supply. as with eastern european lobour migrating to Britain from areas of low employment. High unemployment only favour the rich.

Answer 2

Advantages Of Unemployment

Answer 3

Actually, there are advantages to having some unemployment. That is, if there is full-employment, it tends to mean there is an undersupply of labor, and this means the cost of employing anyone becomes exceedingly high, too high for many potential businesses to be worth going into business. This may seem counterintuitive--how can it be anything but good if everyone is working!? Here's an example that will make it clear. Suppose that 3/4 of the workers in a country suddenly decided to skip town and move to another country. Salaries would suddenly rise very very high for the remaining 1/4 of the workers, for the businesses would suddenly have great demand for them. However, no matter how salaries rise, most businesses will simply not get any employees, since there aren't enough to go around. So although all would be employed, and the salaries very high, this would be temporary, because most of the businesses would soon die, and demand for the employees would fall, and at the end of the die-off salaries would be more normal again, yet the economy would have been nearly decimated.

I don't think you were really intending to ask the question as I interpreted it, anyhow. I agree with your implication, that socialism just creates unemployment, and in a fashion that in no way is economically healthy.

Answer 4

The advantage from a business point of view is that it keeps employees "hungry". Wages can be kept down and staff loyal.

It also means that workers ar forced to improve their skills to stay in the labour market.

For people with life, or long term contracts, living in a place of high unemployment has onsiderable advantages: goods and services are low, holidays are cheap and houses affordable.

Answer 5

unemplyment has got a number of advantages includind re-allocationof resource bot im use and iddle resources,better planning as well as development of skills since many people du engage in their self productive work to fuflfill their needs

Answer 6

Do you mean : between jobs? and collecting unemployment? then it is great, to get some rest,and focus on finding the right place to get employment. One can catch up on some things that need doing at home.

Answer 7

not having to pay for anything.
my hubby works hard all week to bring home a decent wage, but we recently found out that if we went on the jam roll that we would get £20 less a week compared to his wages and we wouldnt have to pay our rent, C/T or any nhs stuff.

Answer 8

not quite sure what you mean but you do get to watch bargain hunt and cash in the attic.You also have plenty of time to stare at answers on your monitor where angry people like me can say "get a f*****g job ".theres more than enough deadwood in this country to support without people bragging about it

Answer 9

You get to watch Supermarket Sweep in the morning!

Answer 10

Not having to get up in the morning.