First, the condition rapidly becoming a hallmark of large cities: widespread unemployment and resulting poverty.

The result wasn't widespread unemployment, but the creation of other work which had not been on the radar at the time.

Large-scale liquidation of companies and widespread unemployment won't be averted by state action, but they can perhaps be temporarily delayed.

By contrast with highly paid workers in the private sector, who now face widespread unemployment, they also enjoy full job security.

By keeping workers linked to their employers the government hopes to prevent widespread unemployment.