The most significant threat to humanity is often overlooked amidst concerns about pollution, disease, natural disasters, terrorism, crime, and drugs. It’s the fragility of our basic life support system, which hinges on the ability to gain employment and earn money for access to essentials like food, water, and shelter. Without a job, one is left vulnerable, as money becomes a lifeline for survival.

Fortunately, there’s a system in place to address unemployment through government aid funded by taxes paid by those with jobs. This process of redistribution reallocates resources to support those without employment. However, questions arise about the sustainability of this system and its threshold for managing unemployment. What happens if all jobs suddenly vanish?

Unemployment has historically posed a threat to societal stability. Two decades ago, the UK faced a recession with unemployment peaking at 10%, leading to significant unrest. While employment rebounded temporarily, it stagnated and rose again by 2009, reaching 8%. Recent trends suggest a slowdown in unemployment, but the increase in part-time employment masks the decrease in full-time positions, painting a misleading picture of job loss. In reality, the economy is shrinking, exacerbating the underlying issue.

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