Me too. Apparently it's primarily a mass-media political posturing tool for the (fearing-to-be-)disenfranchised classes (ie. a huge proportion of the population).
producitivity multipliers in technology lets that demand be met with much less workforce supply, which means tremendous economic efficiency gains.
... and loads of people shifted to the bottom of the opportunity barrel, save for states with some semblance of social welfare (ie. not the US).
With regards to your comment on 1% of people being farmers and that being adequate, here's some fast facts about the US agricultural industry:
(1) 300 million people in the US, and the US can sustainably produce food for only 130 million of them. (recentish UN estimate I believe)
(2) Many US farms are net energy consumers, ie. they burn more energy in production than they give people in food.
Second, the earth will actually produce enough to support many humans using no humans (ie. "let the plants grow back, stop maintaining the concrete, stop unsustainably exploiting and poisoning the environment"). It just requires us to be a bit more in tune with the environment (eg. decentralize, consume in-season, eat less meat, start sharing a bit more).
Interesting times.
The truth behind job scarcity or not is supply and demand. Period. If there is no demand for yours, or someone elses labor, there is no job. No wealth redistribution will change that. The arguments behind why, though, the concentration of wealth was bad, is that the wealthy have fewer demands they want met relative to the entirety of everyone else. A more prosperous majority gnerates tremendous demand, millionaires generate limited and specific demand.
But you don't escape the reality of having a supply of something trying to meet the demand for it. There just isn't much demand for a lot of labor types, and producitivity multipliers in technology lets that demand be met with much less workforce supply, which means tremendous economic efficiency gains.