Unemployment has become a global issue and to which have left most of the youth unemployed.
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Unemployment has become a global issue and to which have left most of the youth unemployed. Most of the countries have less than 30 percent of the youths being employed either to the white color jobs and the technical jobs. Due to this, there has been a large number of idle individuals in the streets roaming to find jobs to no avail. The high rate of unemployment can be attributed to various reasons that include over-dependence on technology, lack of the necessary skills as well as high population growth (Salami, 2013). Due to this, the high rate of unemployment has resulted in various negative impacts that include high crime rates, poverty, overdependence on foreign aid as well as reduced quality of life.
Developing and developed countries have adopted the use of technology in their countries. The use of technology has replaced the use of human labor in the production process for such jobs such as manufacturing, running errands as well as farming (Frey & Osborne, 2017). The reason behind it is that the companies are in dire need to make huge profits as the adoption of technology reduces the cost of production. Large machinery such as the combined harvesters can replace almost 100 employees in a wheat farm, and this relieves the hiring firm extra financial burden that is used in paying the employees.
Skills are the essential qualifications for a job. Most of the people including the youth lack the essential qualifications and thus lack the necessary experience that is needed for them to be hired in the firms that they wish to work, thereby end up being jobless (Jentsch, 2017). Education equips a person with the relevant skills, and this means that most of the unemployed people are not well educated. As the years progress, the number of people continue to increase and thus the population growth is accelerated. High population growth brings about competition for jobs as the jobs in the market are far much less than the number of people seeking employment. High population growth, therefore, depletes the number of available jobs and renders many more jobless.
The consequences of unemployment are dreadful. High crime rates is one of the consequences of unemployment (Nichols et al. 2013). After a large number of people have been rendered jobless, they have nothing else to do and nowhere to go, and this makes them idle. An idle mind is the devil’s workshop as the unemployed individual may do anything as they are in dire need for money. The people result in engaging in petty crimes eventually graduating to robbery with violence. Increased crime also leads to increased insecurity in a nation. Poverty is another consequence of unemployment. The unemployed personnel live below the poverty line, earning below a dollar in a day.
Low income means that the people are unable to acquire basic needs such as food, clothing, and shelter and this increases the number of poor people. Increased poverty in a nation reduces the quality of life in that the people are unable to seek for quality medical attention as they are unable to afford. Quality medicine is a dream, and this means that even life expectancy decreases. Due to the inability to continuously acquire basic needs, the unemployed people rely heavily on foreign aid. The country is unable to feed its population and therefore depends on foreign donors to bring aid to help the people.
Unemployment can be a dangerous problem if not addressed and therefore measures need to be put in place to ensure the rate of unemployment has been reduced. Some of such measures include increasing the number of opportunities parallel to the increasing population, reducing dependence in technology to increase the hiring of human personnel to replace the machines (Maxton & Randers, 2016). Education can be used to increase the effectiveness of hiring as the potential employees will be equipped with the necessary skills and experience needed in job hiring.
Frey, C. B., & Osborne, M. A. (2017). The future of employment: how susceptible are jobs to computerisation?. Technological forecasting and social change, 114, 254-280.
Jentsch, B. (2017). Experience of rural youth in the ‘Risk society’: transitions from education to the labour market. In Young people in rural areas of Europe (pp. 248-279). Routledge.
Maxton, G., & Randers, J. (2016). Reinventing prosperity: Managing economic growth to reduce unemployment, inequality and climate change. Greystone books.
Nichols, A., Mitchell, J., & Lindner, S. (2013). Consequences of long-term unemployment. Washington, DC: The Urban Institute.
Salami, C. G. E. (2013). Youth unemployment in Nigeria: A time for creative intervention. International Journal of Business and Marketing Management, 1(2), 18-26.
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