Millions Unemployed: The Global Employment Crisis Between 2023 and 2027:
From 2023 to 2027, the world experienced an exceptional and turbulent period highlighted by a catastrophic employment crisis that left millions of people unemployed, damaging businesses and communities everywhere. This exceptional occurrence was the consequence of a confluence of circumstances that combined to create a perfect storm, rather than a single cause. Once viewed as harbingers of development, technological advancements have played a key influence in changing the job sector. The Fourth Industrial Revolution, which drove automation and artificial intelligence, changed industries, and replaced human labor with machines and algorithms. As time passed, entire industries were expanded, and skilled workers were displaced, fighting to find significance in an increasingly computerized world. During this time, the world economy endured repeated downturns. Trade tensions, geopolitical conflicts, and financial market swings created turbulent economic conditions, forcing businesses to slash costs in order to survive. Downsizing the workforce became a frequent strategy, resulting in enormous layoffs and increasing the unemployment problem. These economic downturns also resulted in a decrease in consumer spending, which reduced demand for products and services, exacerbating the job situation. Environmental issues added another degree of complication to the crisis's development. Extreme weather, wildfires, and rising sea levels wreaked havoc on industry and contributed to employment losses. Coal mining and oil extraction, two industries strongly reliant on fossil fuels, faced decline as the globe transitioned toward more sustainable alternatives. While renewable energy companies did create new job opportunities, they frequently needed different skill sets and geographical regions, leaving displaced workers scrambling to find suitable jobs.
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Millions Unemployed: The Global Employment Crisis Between 2023 and 2027:
From 2023 to 2027, the world experienced an exceptional and turbulent period highlighted by a catastrophic employment crisis that left millions of people unemployed, damaging businesses and communities everywhere. This exceptional occurrence was the consequence of a confluence of circumstances that combined to create a perfect storm, rather than a single cause. Once viewed as harbingers of development, technological advancements have played a key influence in changing the job sector. The Fourth Industrial Revolution, which drove automation and artificial intelligence, changed industries, and replaced human labor with machines and algorithms. As time passed, entire industries were expanded, and skilled workers were displaced, fighting to find significance in an increasingly computerized world. During this time, the world economy endured repeated downturns. Trade tensions, geopolitical conflicts, and financial market swings created turbulent economic conditions, forcing businesses to slash costs in order to survive. Downsizing the workforce became a frequent strategy, resulting in enormous layoffs and increasing the unemployment problem. These economic downturns also resulted in a decrease in consumer spending, which reduced demand for products and services, exacerbating the job situation. Environmental issues added another degree of complication to the crisis's development. Extreme weather, wildfires, and rising sea levels wreaked havoc on industry and contributed to employment losses. Coal mining and oil extraction, two industries strongly reliant on fossil fuels, faced decline as the globe transitioned toward more sustainable alternatives. While renewable energy companies did create new job opportunities, they frequently needed different skill sets and geographical regions, leaving displaced workers scrambling to find suitable jobs.
24.95
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Millions Unemployed: The Global Employment Crisis Between 2023 and 2027:
90
Millions Unemployed: The Global Employment Crisis Between 2023 and 2027:
90
24.95
In Stock
Product Details
ISBN-13: | 9781998810864 |
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Publisher: | AQEEL AHMED |
Publication date: | 08/04/2023 |
Pages: | 90 |
Product dimensions: | 7.00(w) x 10.00(h) x 0.19(d) |
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