This book details a new empirical co-relation discovered between Unemployment and Labor Productivity and studies the factors affecting this relation.
This book serves as a guide for all people and especially for our lawmakers to solve the nation's unemployment problem in a very innovative way by understanding the real issue behind our high unemployment rate.
The book brings into light the different facets of our unemployment problem, things which are elusive to our elected policy makers because they don't feel the pain of our unemployment woes. This book describes in detail how the 90% already employed workforce has been the cause of our stubborn 9.1% unemployment rate. They are unknowingly weaning out lower skilled employees from the organization thus becoming a major force behind driving up the unemployment rate. This book dwells into human psychology to understand the increased Labor productivity of the already employed 90% workforce. We could effectively estimate the layoff's from any organization by using the mathematical Layoff function f(y) when an employee increases his/her productivity.
The book highlights an effective solution to our unemployment issue. It discusses in detail a ''3 Day working week tax cut plan'' that if implemented by policy makers could instantly stimulate massive hiring in companies across all sectors. This book effectively estimates the number of people who will get hired in an organization by using the mathematical Hiring function g(y) as function of decreased labor productivity.
This plan if implemented wisely would stem the rising unemployment and reverse the trend of the ever downsizing economy. This plan can put the economy back on track, to a progressive and a growing path, creating massive job opportunities within the organizational labor structure of every company. This plan would create a dent into all closely knitted labor organizational structures and loosen them, resulting in the already frozen job market to thaw and start showing some life.
This plan would let Fear and Insecurity to give way to Hope and Opportunities among the already employed 90% workforce population. This will bring the mass work force to start taking risk, allowing them to move out from their cozy comfort of current low wages to a different company with greater prospects and higher wages and innovate.
Finally, this is a plan which can turn an existing job position into multiple job opportunities within itself, independent of consumer demand fluctuations.
Lastly in the statistical chapter the book concludes how $77 billion of uncollected taxes from highly productive employees could generate approximately 10-12 million jobs instantly in our economy.