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Youth Unemployment: Causes And Effects
Problem of unemployment among youth
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Jay did not take into account in external issues that may affect recent college graduates’ unemployment and underemployment. The book does not offer advice about effectively looking for and securing satisfying work when young adults have minimal experience in an extremely difficult economy and recession. While Jay tells the readers to look for satisfying work, she does not tell readers solutions in how to find work. In addition, there was no discussion to the diminishing value of a college degree in today’s work environment. Overall, The Defining Decade, would be an influential resource for all young adults, especially college graduates, who need may need additional motivation to start their careers.
Along with debt the financial crisis has driven unemployment rate of young graduates to its highest peak in years. ( http://www.universityworldnews.com/article.php?) The strain
Education is one of the crucial social institutions that is required for society to run smoothly. By studying education through time Sociologists can learn about trends in youth behaviour and how they compare to the different levels of education in youth. All social institutions are linked, with education being associated with measures of wellbeing such as economic participation, income, health and crime Therefore, it is important to understand how education is changing for youth and how this will impact other social institutions such as work and family. Education can vary by age and through families, youth and across the world.
This article also provides many helpful statistics such as the percentage of unemployment based on the level of education completed by the potential employee. The unemployment rate for those with a college diploma is actually slightly lower than those without one because they are working minimum wage jobs and not stressing about school. The strengths of this article are that it provides statistical facts and charts that support the point being made in this overall article. The article supports it’s point by using numerical data which is very professional looking and reliable.
Many of the youth desire to further their education but no support, no health insurance, and no independent living skills. Imagine it’s your 18th birthday. You have been told that you have to move out of your house. You do not own anything,
Nigeria’s economic prospects were what fueled the passion of most politicians from both the North and South of Nigeria. This meant that when Nigeria finally gained independence these politicians made sure that there was no room for outside interference with how the country’s economy was run. Therefore, to understand the reason for the economical difference between Northern and Southern Nigeria in the fifteen years following independence one would have to examine the financial decisions and events that set Nigeria’s economy on a path that was nothing short of disappointing by the end of
However, it is neglected in Senegal, leaving young people to face social realities. Following our logic, a few hypotheses can highlight: • If the impact of gender is not high , Senegalese will be free to go for any vocational studies • If the societal pressure is not impacting on the vocational studies, Senegalese will be able to study what they want not what people want them to study. • If the impact of standard of living is quite high, the Senegalese are limited in their studies options • If the vocational studies choice is more professional , the Senegalese will not face the impact of gender and societal
This data collection should allow this study to acquire an acceptable level of trustworthiness, even when taking into considerations some limitations that may occur. Section 1: Introduction Introduction Unemployment as an economic problem exists in each countries and it is often a measure of the health of the economy. It is known as waste of scarce economic resources and as a result it decreases the future growth potential of the country’s economy (Riley, 2005). It is essential to understand the factors which causes the unemployment and its relation and impacts to other economic issues. For instance, of the causes are considered the extreme unemployment benefits, excessive minimum wage and hiring cost, too high real wages level, the disparity between the unemployed labour and job offers on the market in terms of skills and many others reasons (Bell, 2000).
English 203 10/6/17 Professor: Elisavet Tsakirouglou Student: Tamara Stojkovic Student ID: 20160023 Unemployment is one of the most serious problems facing developed nations today. Based on the film “ The Full Monty”, use specific examples and critically evaluate the effects of unemployment of men Unemployment is a serious economic issue that affects a considerable number of people and countries, either directly or indirectly. Due to the global economic crisis, the number of unemployed people has increased significantly in the last few years.
In some parts of this country, we have fellow Nigerians who have successfully completed their education in core areas of professionalism and having completed their compulsory service to the nation, are refused employment on the basis of state of origin. Preferences are giving to white skinned men from countries like India, Lebanon, China and the likes, even when such jobs do not require much skills. Some of our captains of industry still practise this in their respective firms. So you find White men working in areas that we have abundance of jobless qualified Nigerians. The issue of ethnicity in Nigeria is a matter of great concern; instead of uniting, Nigeria is breaking further into fragments and every major action taken by government now has ethnic colouration.
Many youth are unemployed because they have just come from high school and they do not have enough work experience to get a job. Adults are more likely to be unemployed because of physical and mental health challenges. Adults also tend to be unemployed because of cyclical, structural and frictional unemployment. Unemployment also goes into hand with homelessness and panhandling, because there is not enough jobs people are ending up homeless and looking for other ways to get money. Why are youth more likely to be unemployed than adults, and is unemployment among youth becoming a social problem?
INTRODUCTION Even today, unemployment is one of India’s most crucial socio-economic problems. Unemployment is the phenomenon where a person is not gainfully employed in a productive activity (Sethi and Andrews, 2011). It can be voluntary or involuntary. Voluntary unemployment refers to a person being unemployed by choice and not by compulsion.
There is a risk of loss of talent and skills, since a great amount of university graduates are unable to find a job and put their knowledge and capabilities into producing innovation and contributing to economic growth. Furthermore, having a large share of the young workforce unemployed, not only leads to reduced productivity and gross domestic product (GDP), it also increases the economic costs for the country, since there is a need for more money to be paid out on social grants and less money coming in from taxes. High unemployment rate also pose as a threat to the safety and security of Gauteng province, youth are most likely to resort to other measures such as
Low productivity and 7. Endemic corruption, greed. Given the Nigeria’s socio economic and political disposition Globalization presented more challenges for the country for it lacks what is needed to be relevant and deal with it untill the nation can achieve a certain measure of good governance, modest economic
Unemployment in Kenya is attributed to a number of factors that include: rapid growth of the population and the labour force, skill mismatch, information problems in the labour market, structural adjustment programs, slow or declining economic growth, and the labour market setup, among others. High population growth rate in Kenya has resulted in a relatively young population and a large population of youth in the population of the working age (Njonjo, 2010). This increase in the youthful population and increasing labour force has led to labour supply outstripping demand. Consequently, unemployment, especially among the youth, has surged. In particular, high population growth has resulted in higher levels of unemployment.