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“When a great many people are unable to find work, unemployment results.”
“Production is carried on for profit, not for use. There is no provision that all those able and willing to work will always be in a position to find employment; an “army of unemployed” almost always exists. The worker is constantly in fear of losing his job. Unlimited competition leads to a huge waste of labor, and to that crippling of the social consciousness of individuals.”
“In 1970 Clarke addressed a conference based on the futuristic theme of life in the year 2000, and he envisioned a society of full unemployment: The world is heading toward “full unemployment,” Clarke said, as 99 per cent of the current human activity will be eliminated through machines, the “slaves of tomorrow.””
“But the time will come when New England will be as thickly peopled as old England. Wages will be as low, and will fluctuate as much with you as with us. You will have your Manchesters and Birminghams; and, in those Manchesters and Birminghams, hundreds of thousands of artisans will assuredly be sometimes out of work. Then your institutions will be fairly brought to the test.”
“We advocate a Universal Basic Income , received by all citizens on an unconditional basis: that is, detached from the labor market. This offers a choice between work and leisure. To offer such a choice is both a fruit of an affluent society and a solution to the problem of technological unemployment.”
“The horror of unemployment is the final undoing of the worker. When he sees this confronting him he sells himself regardless of the intrinsic worth of his ability. Labor unions and collective bargaining arose to give him some show of power and dignity.”
Quotes via Wikiquote (CC BY-SA), each with its original source.
Unemployment is the state of not being in paid employment or self-employment but rather currently available for work. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force during the reference period.
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