Australia's largest stock trading and investment forum Australia's #1 stock forum

4 corners future of work, page-2

First 2 Last

Share
Profile

Follow
willcomp

208 Posts.

05/07/16

08:43

Post #: 18193026
Share

Originally posted by VladtheImpaler ↑

Last night on 4 corners, the future of work illustrated the bleak prospects of our youngest and older finding jobs.

There was a young guy who was an electrical engineer. Couldnt get a job out of 100 tries. Now he is a casual labourer and planning to be a science teacher. By the time he gets there, there will be no jobs for science teachers.

In our haste to automate everything from check out people to lawyers, we have basically shot ourselves in the foot.
Now we have casual insecure labour, things such as Airtasker (tying someones shoelaces or picking up their mail), and "we'll call you when we need you" jobs. Don't get me going on outsourced tasks to overseas.

Compounding this, was our zeal in buying every piece of cheap junk that the Chinese could make and ship.
We have mortgaged the future for no real gain. Our houses are full of things that break in two weeks.

Putting the theories of classical economics ie comparative advantage and the evils of mercantilism aside for the moment...............

Its time to put up the trade barriers again. This country could survive easily. Things might be more expensive in the beginning but everyone would have work. No dole for able bodied people, farm work and factory work.

Produce food and make our own things. Isolated for 10 years from the crack pot economies all over the world, Australia could be self sufficient and a more normal balance of work/life would be restored.

As it is, get used to your kids living at home for 40 years and the terrible toll that mass unemployment takes.

Expand

You forgot about the TPPA and all the jobs it will bring.
1 Upvote

Reply

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

DMP

Is Domino's a steal after -25% plunge?

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

AII

Inside the Depths of Panasqueira: A Legacy Carved in Rock

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming