This picture is mine
When the rate of Unemployment supersedes the rate of employment in the nation, economy of the nation will face a lot of crisis and the citizens will certainly feel the negative impact.
Unemployment is living without an occupation while diligently in search of one. It is determined by dividing the overall number of individuals who are employed by the total number of individuals who are unemployed.
Underemployment is different from unemployment. I would love to explain underemployment before I go into explaining ways government and youth can help to curb unemployment in the nation.
Underemployment is the situation whereby persons in a labour force are working part-time or irregularly, or in positions that are inadequate for their training or economic demands. By merely looking at the two,one will know that underemployment is somehow more better than underemployment.
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Let's look into innovative ways by which government, fellow youth and country can effectively reduce or curb unemployment.
- Government
There are many means which government can help to reduce unemployment in the nation but I will be writing on only few.
Encouraging the use of locally made products in the country instead of importation of foreign products.
This may sound strange to you but I would like you to remain calm as I explain it better.
When locally made products are patronised more than foreign products, it will help create more job opportunities in the country. For instance, in every country there are people that manufacture footwear and bags. If government support them by giving them financial assistance which they will use to upgrade their business to a larger scale, it will help in encouraging more people to be productive which will help in creating more job opportunities in the country thereby reducing the level of unemployment.Introduction of entrepreneur courses in the universities and career education.
Have you wondered why many graduates are still unemployed despite the fact that they went to school to become somebody in life.
The reason is because many of the courses or what the universities teach their student is not applicable in real life. When the government introduce entrepreneur schemes as part of the curriculum of universities study. You will see that even after graduation,many graduates will still be functioning with the entrepreneur knowledge they got while in school as they keep searching for white collar job and by so doing unemployment will be curb.
The goal of career education is to assist students in acquiring the information and abilities that necessary for employment success. Courses on areas like networking, resume writing, interviewing, and job seeking techniques could be included in career education programmes. Apprenticeships and other opportunities for experiential education may also be included. Preparing students for the workforce and assisting them in selecting a vocation that fits their interests and skills are the two main objectives of career education which can help in reducing unemployment.Starting a small and medium scale enterprise
When government promote and invest more in Small and medium-sized businesses (SMEs), it will help in unemployment reduction in the nation. SMEs are companies with fewer staff members. The majority of firms worldwide are small and medium-sized enterprises, which are essential to the economy. SMEs frequently support employment creation and economic expansion. They frequently innovate and develop brand-new goods and services. There are numerous government programmes and attempts to support SMEs, despite the difficulties they may encounter, such as a lack of funding and restricted access to markets.
Let's talk about the youth and what they can do to help reduce unemployment in the nation
- YOUTH
Youth Empowerment Scheme
Youth Empowerment Scheme (YES) helps young people find employment by offering them support and training. Youth Empowerment Scheme provides a range of services, such as help with job searching, career counselling, and lessons in financial literacy. Youth Empowerment Scheme's objectives include lowering youth unemployment and assisting young people in acquiring the skills necessary for employment success. Youth unemployment can be curb by giving a helping hand to youths in learning and acquiring skills such as handwork.Acquisition of skills or crafts
Youths can help in unemployment reduction by learning crafts or skills such as:
• Barbing
•Tailoring
•Baking etc
When youths venture into learning crafts in the nation without being dependent on government for feeding and provisions will curb the rate of unemployment in the nation. Tailoring and barbering are two examples of skilled crafts that frequently entail apprenticeships and demand practical instruction. Young people who desire to acquire a trade and enter the workforce fast may find these careers to be a smart choice.
The Nation in general should make things easy for her citizens such as reducing the amount of taxes payment and other payments charged on people who are doing business or working so that many won't be demoralised or forced to become idle in life. When the nation and things are favourable in the country, the country's economy will surely improve very well.
Thanks for reading to the end.