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Youth Unemployment: Causes, Consequences, & Solutions

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2
PLAGIARISM DECLARATION:
69122865
Boipelo Theledi
Name and student number: ………………………………………………
I declare that this ENG1503 examination is my own original work. Where
secondary material has been used (either from a printed source or from
the Internet), this has been carefully acknowledged and referenced in
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B.THELEDI
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14-05-2024
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3
QUESTION 2
Youth unemployment remains a significant global issue with far-reaching socioeconomic consequences. It is defined as the condition where individuals aged
between 15 and 24 are actively searching for employment but remain without work.
This essay seeks to explore the causes and consequences of youth unemployment,
by providing light on the underlying factors that contribute to this phenomenon and
the extensive effects it has on young people and society at large.
Different economic, social, and structural reasons have contributed to youth
unemployment over the past years. These include global economic fluctuation,
insufficient economic growth impacts everyone in the economy, particularly youth.
Inadequate employment creation, when economy cannot create new jobs, youth will
be the most effected group (Ayan, 2016, p.264). Skills Mismatch, technological
advancement may render certain skills requiring new competencies that many young
people may lack and insufficient educational institutions that fail to provide young
people with the skills required for today's professions. Successful transition from
school to work often cannot be achieved by the young today. Lots of training
program are not suitable for today’s business life (Ayan, 2016, p.265)
The effects of youth unemployment go beyond economic hardships. When young
people struggle to acquire stable jobs, the consequences go beyond economic
issues and affect different parts of their lives. The effects may include psychological
suffering. Being unemployed at the beginning of working life causes different mental
disorders (Ayan, 2016, p.265). Youth unemployment can have a negative impact on
mental and physical wellbeing. Struggling to find work can cause anxiety, depression
and one may feel worthless. Increased crime rate. There is also a substantial body of
evidence which links youth unemployment (and non-employment) to crime
(O’Higgings, 2017, p.1). Youth unemployment provides a substantial risk of financial
strain among young people, which may result to some engaging in criminal activities
to meet their basic financial demands. Personal development, Employers prefer the
required knowledge, skills, and attitudes (Husin & Suppiah et al.,2021, p4.).
Unemployment during a vital developmental stage for youth can stymie personal
growth and skill development. Without opportunities to get work experience or
develop job-related skills, young people may struggle to establish a solid basis for
their future.
Three strategies that can help curb the problem of unemployment. There should be
investments in education and skill development which will provide individuals with
the capabilities required for today's and tomorrow's job markets. Supporting
entrepreneurship and small business can generate new job opportunities and boost
economic growth. And lastly, government may encourage economic growth and
create job opportunities for the citizens by facilitating and enc investment persuading
international corporations to establish operations locally.
In conclusion, youth unemployment has broad effects that affect entire communities
and societies. Addressing this issue necessitates comprehensive solutions that
address both the economic and social elements of unemployment, such as specific
programs that improve young employment, investments in education and skills
training, and equitable economic development. Understanding the implications of
youth unemployment and adopting appropriate policies and programs can help to
lessen its negative consequences and enable young people to reach their full
potential in the workplace.
References
Ayhan, F. (2016). (PDF) Youth unemployment as a growing global threat. [online]
ResearchGate.https://www.researchgate.net/publication/306208380_Youth_unemplo
yment_as_a_growing_global_threat’
Husin, N.A, Kumar, G., Rasli, S. and Suppiah, G. (2021). UNEMPLOYMENT CRISIS
AMONG FRESH GRADUATES. [online] ResearchGate.
https://www.researchgate.net/publication/360031796_UNEMPLOYMENT_CRISIS_A
MONG_FRESH_GRADUATES.
O’Higgins, N. (2017). (PDF) Youth Unemployment. [online] ResearchGate.
https://www.researchgate.net/publication/322861234_Youth_Unemployment.
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