Mike Uzochukwu writes on many topics, including metallurgy, business, insurance, and the challenges faced by today's youth.
It is one thing is to identify problems and another thing to provide solutions for those problems. Many citizens of various countries are good at identifying the problems that their countries are facing without providing any possible solutions in solving the challenging tasks. This article stands to provide solutions to the challenge of youth unemployment globally.
A Look at Youth Unemployment Across the Globe
Young people across the world are often among the most deeply affected by unemployment. The number of jobless people around the world rose by 4 million in 2012 to 197 million. Young people were some of the worst affected: nearly 13% of those under 24 were unemployed. Some 35% of all young unemployed people have been out of work for six months or longer in advanced economies, up from 28.5% in 2007 (The Guardian, 2013).
And although youths face serious unemployment challenges across many nations, they come with different contexts and specifics. The levels and kinds of unemployment that American youths are facing are not the exact same as that of South African youths.
According to Statistica documentation, youth unemployment (ages 16–24) in the United States was put at 10.1% in November 2016. From the same source, youth unemployment ranged from a high of 16.8% in August 2012 to a low of 15.5% in September 2012 for that year, despite averaging around 12.29% from 1955–2016 (Trending Economics, 2016).
According to data from Trending Economics, unemployment rates among youth (ages 16–24) in Canada averaged around 14.13% from 1976–2016, reaching an all-time high of 20.7% in October of 1982 and a record low of 10.4% in July of 1989. As of September 2016, that number was around 13.2%.
In the United Kingdom, the same challenge is experienced by the young. As indicated by Trending Economics, as of August 2016, youth unemployment in the country was put at 13%.
In Italy, however, young adults faced a sharper decline in their employment-to-population ratio than youth, whereas older workers (aged 55–64) actually benefited from an increase in employment between 2007–2012. Clearly, this concentration of job losses among younger workers bodes ill for a more rapid recovery if policymakers are not taking decisive steps to expand their efforts to include young adults as well.
In June 2016, youth unemployment (ages 16–24) in South Africa was put at 53.7%, which was among the highest of any country on the planet. In 1994, no one could have foreseen the staggering current unemployment rate for young people aged 15–34 years old, which increased from 32.7% to 36.1% between 2008 and 2014, according to Statistics SA (Javed Malik, 2016).
In Nigeria during that same time, unemployment affected 24% of the young population living in the country.
Algeria and Morocco recorded youth unemployment rates of 29.9% (December 2015, Stat.) and 21.8% (September 2016, Stat.) respectively.
Four countries whose youths were less affected by unemployment, according to recent statistics from late 2016, were: Kazakhstan (3.9%), Japan (5.3%), Thailand (5.5%), and Hong Kong (6.3%).
Fighting Corruption Among World Leaders
The sincere fight to eliminate corruption in various countries is an important and helpful tool to reduce high youth unemployment.
Due to the corruption and dishonesty of leaders across the globe, trillions and trillions of dollars remain trapped in the hands of wicked politicians, businessmen, and corporations. Because of this, the youth walk from place to place in search of one job or another while mountains of money that could have been used for youth employment and development remain frozen in foreign banks.
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For instance, the level of youth unemployment in Nigeria is shockingly high, with the World Bank Group putting the rate at around 80%. One of the reasons for that is because of the highly corrupt government the country has been under for years now, which was ranked as the third most corrupt nation in the world in 2004. Corrupt and wicked leaders have sucked Nigeria dry, and the youths are negatively feeling the impact.
Somalia is another nation that is hit hard by youth employment because of high levels of corruption in the country. So many youths of Somalia are wandering about like sheep without an authentic shepherd. According to information released by Transparent International, Somalia ranked as the most corrupt country in the world in 2013 and 2014. According to a United Nation report, unemployment rates for youths in Somalia were some one of the highest in the world at 67% among those between the ages of 14–29.
Establishing Independent Agencies to Prevent Corruption
One lasting solution to youth unemployment is devising various means to stop corruption, which in turn will prevent governing bodies from laundering money. Strong anti-corruption agencies should be established, and they must be independent of government.
Punishing any government official caught in corrupt practices is an important tool necessary for creating employment for the youths of the world. Irrespective of the class of offense the official committed, as long as it is stamped corruption, then adequate punishment must be exercised on the offender. This fight against corruption will keep more of a country's funds available to provide support and aid to its own communities most in need.
Punishing any government official caught in corrupt practices is an important tool necessary for creating employment for the youths of the world . . . This fight against corruption will keep more of a country's funds available to provide support and aid to its own communities most in need.
Creating and Maintaining Skill Acquisition Programs and Scholarships
Skill acquisition is important, helpful, lucrative, and promoting. Skill training is an important way of investing in the youths. The skills they acquire will help them to be both publicly employable and also self-employable.
Both government and non-governmental organizations are expected to contribute their quota in helping the youths to acquire skills. One way they can do this is in the form of scholarships to young people. Practicing this will help the youths to earn money for their living expenses and also help them to train others. Following this trend will help reduce the percentage of the world's unemployed young persons.
No amount of skills acquired by young people is too many, as there are multitudes that do more than two things to make their living. Some work at occupations, write as authors, and also write codes as programmers. They make money through the skills they acquired over time, exploring them in a myriad of different ways. When youths acquire different skills and those skills become sources of money for them, they make more money and live more comfortable lives—wherein they are in more financially secure positions and are thus more able to help others attain similar statuses.
Conducting Extensive Research Work and Training
There are many who are employed today because they discovered the power of research work. Proper research work shows the power of information, and it is this power that can help create stable employment for the young people of the world.
Youth should carry out personal research through the Internet to discover how to learn skills. There are many organizations that are ready to train youths on skill acquisition that will promote them from the state of unemployment to employment. Graphic designing, web designing, web development, and other service rendering skills can be learned through research work, and these career areas have created and are still creating employment for many youths.
Information marketing is another important skill that has transported a lot of young persons from rag to riches. The most important thing about information marketing is that it does not just secure employment for the youths, but it also helps develop people of all backgrounds and spectrums. Most of the youths who are into information marketing today did not pay anybody to acquire the skill but learned it through research work on the Internet. This has been a lasting solution to youth unemployment.
Properly Funding Tertiary Institutions and Universities
The weakness of many institutions in the world is one of the contributors to worldwide youth unemployment. Many have enrolled in institutions to gain knowledge and secure employment after graduation, and yet you still often see them gaining nothing at the end of their stays in the universities and other tertiary institutions.
The improper funding of various learning institutions in the world has bred enough bags and bunches of unemployed youths. One of the authentic solutions to youth unemployment is equipping institutions of learning located all over the world with adequate funding and making those institutions easily accessible to young people across the globe, regardless of their socio-economic status.
Equipping world institutions with the necessary equipment, staffing, and resources—and removing economic barriers to enrollment for low-income students—will help provide young people with the opportunities to acquire the knowledge and skills that they need to be exceptionally versatile people capable of reliably finding work or even becoming self-employed should they not be able to find a company capable of employing them.
Practical Solutions Will Not Be Jettisoned
Youth unemployment is a global problem and many have tried to conquer it with their own powers but failed. Irrespective of the fact that some have failed in their efforts to provide working solutions to youth unemployment, new practical solutions will not be jettisoned.
This article aimed to provide long-lasting solutions to the global youth unemployment, and it is hoped and believed that these solutions will go a long way in providing help to the young people of the world.
- Hiiraan Online, Somalia Youth Unemployment Rate Highest in the World. Retrieved January 14, 2015.
- International Labour Organization (2013), Global Employment Trends for Youth 2013: A generation at risk.
- Javed Malik (2016), Solutions for youth unemployment. News 24, PO Box 2434, Cape Town 8000. Retrieved December 19, 2016.
- Uzochukwu Mike, Corruption in Nigeria. Retrieved January 14, 2015.
- Oxford Advanced Learner’s Dictionary.
- Trending Economics (2016), Canada Youth Unemployment Rate (1976-2016). Retrieved December 18, 2016.
- Trending Economics (2016), United States Youth Unemployment Rate (1955-2016). Retrieved December 18, 2016.
- Statistica (2016), Monthly youth (16-24) unemployment rate in the United States from November 2015 to November 2016 (seasonally adjusted). Statista Ltd. Hudson House, 8 Tavistock St London WC2E 7PP, United Kingdom. Retrieved December 18, 2016.
This content reflects the personal opinions of the author. It is accurate and true to the best of the author’s knowledge and should not be substituted for impartial fact or advice in legal, political, or personal matters.
Questions & Answers
Question: How can you solve youth unemployment?
Answer: There are many ways to solve youth unemployment. Some of the ways are:
(1) Corruption reduction: Countries that have a high corruption rate can end up wasting the stolen funds by the government unnecessarily. Reducing and fighting corruption in such places can create jobs for the youths.
(2) Job creation: Both government and capable individuals have to promote job creation.
(3) Early skill acquisition by the youths
(4) Practical knowledge in tertiary institutions
(5) Savings culture and hard working.
© 2015 Okwuagbala Uzochukwu Mike P