If you went back in a time machine and invited the average citizen from 1916 to look at the equivalent standard of living in 2016 they would be astounded. As times progress we continually see increased standard of living for less human energy expended, which translates into fewer working hours per year.
Thus it is quite possible, as is the case in
Here's another thing you may not have considered. Increase in unemployment could mean that there are lots more people out there unwilling to work, but it more likely means that people looking for work are rational jobseekers.
For example, take every unemployed person in the country. Many of them could increase their chances of work if they lower their standards, but what they are trying to do is strike the balance between the length of search and the type of job.
rational searcher will hold off taking just anything to increase the chances of
finding a more desirable job, up until the point where the costs of the search
are not greater than the gains. The unemployment pool makes up a lot of these
On top of all that, there is always this big question, which doesn't get considered often enough - Is Employment Always Desirable For Everyone?