> Population growth > Outsourcing > Increase in Longevity (i.e. people living and working longer)
In other words, what will happen when the number of jobs available for people begin to shrink in the face of the three factors listed above, all decreasing the number of jobs available for people?
Would governments begin to regulate the industry (in a free-market enterprise system), applying more state control? Would private enterprise be less dependent on market factors, which would decrease control on the price of products and services?
What is more, is that these three factors are not the only ones in conflict with job supply and I think are each safely speeding up in terms of influence.
They said when the paperless office arrived many would be put out of work, which it hasn't.
They said immigration would mean less jobs for the rest of us. It hasn't!.
China has one of the most populated countries in the world but there seems to be jobs for everyone.
What has kept us in work? It is the service industries! From being one of the highest engineering industries of the world we are now one of the lowest.