Eli5 Why unemployment in developed countries is an issue?

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I can understand why in undeveloped ones, but doesn’t unemployment in a developed country mean “everything is covered we literally can’t find a job for you.”?

Shouldn’t a developed country that indeed can’t find jobs for its citizen also have the productivity to feed even the unemployed? is the problem just countries not having a system like universal basic income or is there something else going on here?

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Anonymous 0 Comments

The people voted into power want people to be happy. Nobody wants to be unemployed, that’s bad. So, we vote for people who claim to fix unemployment rates.

It’s not bad for a country to have a lot of houses on fire either, the country will be fine as long as it’s just a little fire, but we will want our country to have as little fire as possibly. Preferably.

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