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

Permanent 40% jobless within 10 years likely, page-8

First 8 Last

Share
Profile

Follow
grindstone cowboy

23,768 Posts.

186

13/04/17

11:38

Post #: 24054417
Share

Originally posted by db76 ↑

That is a good insight

The future is here
The rise in the public service with people adding little value but being paid
The rise in "make work" activities
Like the child care sector being relabeled as child education
Employing more credentialed staff to "educate" your 2 year old
Schools "needing" psychologists to counsel the bullies and the bullied
The police force expanding yet not reducing the serious crime rate
Immigration allowing the entry of those who don't want to be assimilated
Causing and adding to the social chaos
Manufacturing made extinct
We make very little except houses
Which we trade to each other and the Chinese
So the Govt gets its stamp duty
Which lets it employ more public servants
When you take out those "employed" to fulfill invented "needs"
The unemployment rate would probably be close to 40%

Expand

There will always be jobs for barristas and real estate agents.
2 Upvote

Reply

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

AII

A new NASDAQ listing for a key player in the global critical minerals space

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

DRO

History repeats for DroneShield investors but carnage so far subdued

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

First 8 Last