Youth Unemployment in Nigeria INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154‚ 729‚000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1‚ 4011. Nigeria also has the second largest economy in Africa. If I may ask‚ is this country not blessed? Yet‚ it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government and
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The problem of unemployment has all along been existed in Pakistan since its inception. It has occupied a centre in the country therefore‚ Pakistan’s new generations suffers from this problem a lot. Causes behind the unemployment of youth. 1-there are no vacancies for youth in the market‚ it is already saturated. 2- Population explosion. 3-Education system is backward so that youth are not fully prepared to come to the market demands. 4-Fiscal deficit in budget has detracted the ratio of the
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The causes and consequences of youth unemployment in Australia has been of particular concern within both government and private sectors for many years. According to the Australian Bureau of Statistics (ABS)‚ 10.9% of the total 15-24 age population was unemployed in September‚ 1995. This figure climbed to 15.3% in September‚ 2003. This evidence gives cause to the growing concern surrounding the increase in youth unemployment. For sizeable numbers of youth‚ its not going to get any easier to find
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Economic University Topic: The youth and unemployment problems Student of the 1st group Second year Vakulenko Iryna Kiev 2010 Youth is the time of life between childhood and adulthood (maturity). Definitions of the specific age range that constitutes youth vary. An individual’s actual maturity
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Alleviating Youth Unemployment The current state of unemployment in South Africa is one of major concern‚ with the main focus of this concern being on the alarmingly low level of youth employment. Of the already worrying 25% unemployment that exists in the country‚ 70% is attributable to individuals aged 15 to 35. The extent of the problem can be further illustrated by the fact that there are currently approximately 2.8 million South Africans aged between 18 and 24 who are unemployed and not enrolled
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Prime Minister Trudeau and Canadian youth have been head to head in what seems to be a constant battle. In the last week of October‚ it seemed to only escalate. There have been a flurry of smaller events that have seemed to snowball into a larger scale issue. The first issue seems to have been the lack of work for youth in the country and the growing rate of youth unemployment. In October of 2016 Statistics Canada reported that unemployment in Canadian youth was at 13%. According to Sara Elder‚
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Youth Unemployment South-Africa is currently struggling with a large unemployment amongst the youth. The National Development Plan has identified a number of policy interventions to improve youth employment. In your view‚ what are the causes of youth unemployment and what should government do to improve the levels of youth employment? Identify the pros and cons of each of your proposals. “Give a man a fish and feed him for a day. Teach a man to fish and feed him for a lifetime” (Chinese
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YOUTH UNEMPLOYMENT Unemployment arises whenever the supply of labour exceeds the demand for it at the prevailing wage rate. Causes of unemployment can therefore be analyzed from both the supply and the demand sides of the labour market in Nigeria. On the supply side‚ there is the rapidly growing urban labour force arising from rural-urban migration. Rural-urban migration is usually explained in terms of push-pull factors. The push factors include the pressure resulting from man-land ratio
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YOUTH UNEMPLOYMENT “A man willing to work‚ and unable to find work‚ is perhaps the saddest sight that fortune’s inequality exhibits under the sun.” “You take my life when you take the means whereby I live.” These observations by Thomas Carlyle and William Shakespeare respectively reflect what youth unemployment means to me. As I reflect on youth unemployment‚ several thoughts and examples cross my mind. Here are a few: Almost every week one reads in newspapers in India‚ my country‚ about farmers
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still plagued by youth unemployment which had been one of our major problems in recent years. Both government and the private sector had discussed this issue at forums and conferences but have not found a solution to it. Its continued existence had been linked to lack of power supply and financial empowerment for youths. Youth unemployment in Nigeria is mostly referred to as graduate unemployment and this means that only the skilled youths are seen as unemployed while the unskilled youths are not given
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