Why is unemployment rate so high?

[kayode10]

The government are not creating enabling environment for small scale businesses to thrive easily. And investors are not setting up companies. these are some of the reason why unemployment rate keep going higher.

 

[Thinker009]

I think the unemployment level is so high because of the government failure to provide job opportunities for the people since they are in control of the mineral resources

 

[Kvngsammy]

The very first and most important way of combating unemployment is to go by the way of population control. Once this is achieved, then the small resources can go round and be carefully managed by everyone. We're currently more than our means of sustenance

 

[Grandeur]

There are many reasons why it seems unemployment is on a steady increase but a very obvious one is the fact that the population is growing more than available jobs.

 

[eLdavis]

There are many reasons why it seems unemployment is on a steady increase but a very obvious one is the fact that the population is growing more than available jobs.

Very true. Year after year we get new and fresh graduates coming into the market in search for jobs when there are no jobs available out there.

 

[Abigael]

There are many reasons why it seems unemployment is on a steady increase but a very obvious one is the fact that the population is growing more than available jobs.

Yeah, the population is really growing. And all these people somehow manage to get schooled and that increases the number of graduates in the search for jobs. Many people should be taught self employment instead.

 

[Grandeur]

Very true. Year after year we get new and fresh graduates coming into the market in search for jobs when there are no jobs available out there.

Oh well, i don't totally Believe that there are no jobs out there, it's just that graduates are not qualified for the jobs out there and the few jobs they are qualified for , a lot of them are fighting for it

 

[Kingstone]

In a country where the government does not have any plans for the system, unemployment will be one of the many things that will skyrocket. There are no jobs anywhere and the ones available are given to the connected ones.

 

[Sotherefore]

In a country where the government does not have any plans for the system, unemployment will be one of the many things that will skyrocket. There are no jobs anywhere and the ones available are given to the connected ones.

Exactly ,it is the government of the country that make up a country and if the the government do not really care for the citizen that is how is going to be, so unfortunate that is what is happening over here.

 

[eLdavis]

Oh well, i don't totally Believe that there are no jobs out there, it's just that graduates are not qualified for the jobs out there and the few jobs they are qualified for , a lot of them are fighting for it

If the graduates are not qualified for the jobs out there then who is qualified? Who are does jobs ment for? The jobs out there are not much truth be told

 

[Richard92]

Well I believe the cause of high rate of unemployment is because the system of government is not working. No provision of jobs for students graduating very year, federal and state jobs is in possible to get because man know man.

Unemployment rate is high because of the lesser investors in business and creativity in terms of entrepreneurship and business innovation what days they will be enough unemployed in a particular country.

 

[skyliequiz]

There is an overabundance of graduates. The number of graduates has risen steadily over time. Obtaining a degree has become all too normal in recent years. The labor market, on the other hand, does not demand as many graduates.

 

[Shaffy]

Why is unemployment rate so high?

In recent years, economics of work have changed. The New Economy is an economy based on abundance, not scarcity. Millions of jobs are up for grab on daily basis. Everything is now online. Everything has changed; many own an online business with no physical office, some work for multinational companies at the comfort of their homes as a content creator, copywriter, deal expert and many more. Pick your battle wisely.

It is important to Invest in your knowledge, and most importantly, You shouldn’t be at home unemployed.

What’s your view on unemployment rate and the way forward?

I think we've made things too complicated. For example, there are many opportunities to earn online, but most people do not have the skills needed. Instead of focusing on what we can do, we waste that time on fruitless ventures instead

 

[Grandeur]

If the graduates are not qualified for the jobs out there then who is qualified? Who are does jobs ment for? The jobs out there are not much truth be told

We should understand now that what we are being taught in schools is not what is needed actually in the labour market, majority of those who are employed now had to relearn the basics.

 

[Good-Person]

One of the biggest reasons unemployment is so high is because the population is increasing rapidly. The more population a country has the more competitive the job market becomes and this is a big problem in my country.

 

[Yusuf1]

The major reason why unemployment rate is so high in the world is just because of the fact that there are less companies that will employ the graduate and in essence the government and private companies are not expanding

 

[Good-Person]

Unemployments rate is so high in Tier 3 countries because the government does not care about its own people. Politicians are also corrupt in many countries and many countries do not create business and job opportunities for its own people.

 

[eLdavis]

We should understand now that what we are being taught in schools is not what is needed actually in the labour market, majority of those who are employed now had to relearn the basics.

Exactly, in most cases, the school does not really give you the required knowledge and skill to be successful in the labour market, so you can't rely on just what you get from school

 

[Suba]

The unemployment rate will be higher if the number of available job vacancies is smaller than the number of job seekers, So if you are looking for work, you should use your free time to make money online, take advantage of all your skills.

 

[Shigobad20201]

There is an overabundance of graduates. The number of graduates has risen steadily over time. Obtaining a degree has become all too normal in recent years. The labor market, on the other hand, does not demand as many graduates.

The number of graduates are increasing everyday and there's limited amount of job opportunities out there and the government are not creating job opportunities .