In the modern era,
Job
security is very important for personal and social development. Due to the higher living cost, adults need a regular income to put food on the table. Even studies have proved that without work ,people’s lives are negatively affected physically and psychologically as well.
Therefore
, some believe that authorities should create more jobs for
job
seekers. I completely agree with the given statement and going to explain the consequences of
job
loss,
additionally
, will explain how
governments
should generate more jobs.
Due to covid-19 , many adults lost their jobs , and as consequence, major hidden problems rose
such
as lack of self-confidence and no motivation to socialise with their workmates or seniors.
As a result
, they ignored their well-being and physical health, and suffer from depression and anxiety. Another serious impact of losing employment is the loss of financial independence. Unable to get any earnings, lead to a higher rate of social crimes
such
as burglary, theft, and snatching.
For example
, in Sri Lanka, due to economic unrest, the public started looting food stores, petrol pumps and other crimes to feed their families.
Hence
, to avoid
such
situations, each nation must take effective steps to create employment sources for the public.
However
, the above-discussed effects can eliminate only by effective strategies of
governments
through adequate funding for training or education.
For instance
, in Australia, the federal government is allocating sufficient funds to various training and educational institutes to upskill their residents.
Second
significant point is that
governments
should support foreign investors and foreign trade policies to boost investment projects and open more
job
opportunities and economic development.
For Example
, India’s free foreign trade policy attracts foreign investors to open their plants in India and has created more
job
chances for locals.
In conclusion, financial independence is the motivational key to inspiring individuals to stay physically fit and mentally strong and be an integral part of society, but it would be possible only with the broad economic vision of
governments
for their people.