eli5: Why is high unemployment rate bad and why are people who are employed still worried about this even though they have a job?
In: Economics
1) People without jobs are a drain on the economy. They require assistance and support and all that costs money.
2) People have relatives/friends/loved ones/associates that may be unemployed and most people give a fuck about other people and sometimes, even people that they don’t personally know.
Fucking shocking, right?
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