Eli5 Why unemployment in developed countries is an issue?

Question

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?

In: 1275

Answer 1

Yea. It’s called greed. Always wanting something more even when you have everything you “need”