There are some people who apply to many jobs, but nobody wants to hire them. They can be in this state long term, say over a year.
They're unemployed, but they want to work but nobody they've applied to wants to hire them anyway. They're involuntarily unemployed.
Let's talk about it.
Since we live in a capitalistic society, ownership of the means of production is owned by individual business owners. These individuals not only own all products made by their business, they also own the very labour itself which means they get to decide who is allowed to work and who is not. This is how it's possible for someone to want to work, but also have no job anyway.
In these circumstances, individuals are not able to collect any form of payment because there's nothing they can do in exchange for money unless they produce a product on their own ownership and convince other people to spend their own money on that product. Which is unlikely if they have no money to start with.
If they are a woman, the probability of being able to get by on offering sex to men is highly likely. It's a way out for women that does not exist for men. Last I checked, I highly doubt an unemployed man would be able to solicit sex in exchange for money as a means of survival from women but if I'm wrong about that, that would be fantastic.
With that alternative out of the way, we wind up with unemployable individuals. Those rejected by all business owners. Aka, the incels of the job market.
Current unemployment figures in the US are really low, around 4% in 2020. But those numbers do not count individuals who give up on job searching. So the number is probably a little higher. The reason the number does not include these people is because it is not a crime to choose not to work if you don't want to. Otherwise people would be forced to work, even if they already had lots of money.
So let's say real unemployment is 8%. I don't know for sure, but it doesn't sound too wrong off hand. Of those who are most likely to be involuntarily unemployed they probably fall into this category anyway, which means unemployment services probably don't take them into consideration seeing the low unemployment figure. This is clearly bad.
What's the solution? Well traditional economics says that a 0% unemployment figure is actually probably impossible. That's within a free market system.
The Socialist Solution: Anyone familiar with the Sanders campaign knows that Bernie's plan is to force a 0% unemployment figure via guaranteed jobs for all citizens funded by the federal government, or the Federal Jobs Guarantee, which guarantees 40 hour workweeks with pay of $15/hour. This ensures that no person makes less than $2,500/month at any given moment unless they prefer not to work in which case this plan does not force anyone who does not want a job to have one.
How this solves the problem.
Well, this takes all the unemployable people and gives them a job and an income that is high enough to pay rent on a one-bedroom appartment. Thereby solving the problem of unemployable people.
It seems like common sense, but there exist a somewhat large group of individuals who believe that such people do not deserve any income and thus deserve to die out. 🤷🏻
I mean, I'd prefer a more collectivistic outlook on society where we have basic safety nets for all citizens just because why not.
That's why I'm supporting Bernie Sanders for president in 2020. Seems like common sense to me, but I don't really understand the opposite viewpoint.
Yeah, that's all. Just saying these people are out there. And even if someone has a job, if they're getting few hours or low wages they're not that far away from spending like an unemployed person. And their quality of life is not much better, and that group is substantially larger than 4% or 8%.