essay on graduate unemployment

The graduate unemployment rate is one of the current issues being discussed by higher education scholars. College students spend their time and money in order to receive educational advantages unavailable to high school graduates. So if they face unemployment, they are more vulnerable to unfavorable economic conditions because they have already

One of the most commonly cited causes of graduate unemployment is lack of work experience or relevant work experience (Hwang, 2017). Fresh graduates, in particular, are victims of unemployment due ...

Though much better than the 27.4% rate in April last year, the unemployment rate for those ages 16-24 actually ticked higher, to 11.1% in March. That was significantly above the overall ...

Download. Essay, Pages 3 (704 words) Views. 11443. The rising unemployment rate among fresh university graduates today is an upsetting trend. Now the pool of unemployed graduates is rising to worrying levels even in some high-growth economies. This is due to several factors or causes that result in the increase of the unemployment rate today.

The Essay on Graduate Unemployment In Nigeria And The Way Out. Its heart aching to see a good number of Nigerian graduates unemployed. It's one of the most critical problems the country is facing as a result of long years of corruption, bad government/leaders, military rule, civil war and mismanagement of wealth and resources.

Essays on Unemployment by Jonathan Palm Cohen Submitted to the Department of Economics on May 11, 2023, in partial fulfillment of the requirements for the degree of ... Some of the greatest teachers have been my graduate school classmates. The patience of Viola Corradini, Aaron Goodman, Clémence Idoux, Charlie Rafkin, Garima Sharma, Evan 5.

EFFECTS OF UNEMPLOYMENT ON COLLEGE GRADUATES 7 percentage has decreased to about 7%. This is a possible result of student loan debt. On average, a mortgage payment takes up 30-45% of one's income. The current "Debt Burden" has calculated that the average student debt loan payment consists of 20% of the graduate's income. ...

graduates on factors influencing graduate unemployment. Using data collected from the alumni database of one of the universities in South Africa, the study made use of descriptive analysis and cross tabulations to explore the perceptions of the causes of graduate unemployment between employed and unemployed graduates.

The unemployment of graduates is also caused by the structural nature of the unemployment problem which emphasises the skills mismatch problem of our country. 82. Other causes of graduate unemployment are related to the labour market rigidities which constrict the absorption of graduates into the job market.

With a focus on graduate unemployment, this study looks at the historical and socio-economic conditions for China's move to raise the level of participation in higher education, the rationale behind the 1999 decision to accelerate the pace of expansion in the tertiary education sector, and the impact of this rapid expansion on society, and on ...

Graduate unemployment is a global phenomenonthat many countries are experiencing and is not a problem only known to Namibia. According to Mwinga (2012), Namibia is facing an unemployment crisis and the country is failing to create new jobs and the existing jobs are being reduced. In 2018, Namibia recorded 67,000 unemployed

A survey on "Graduates Unemployment" was conducted on 24 September - 7 October 2005 by Ministry of Human Resources in collaboration with the Ministry of Higher Education revealed that 59,315 graduates were unemployed. Among factors that lead to graduates unemployment were: Mismatch in supply and demand.

Abstract and Figures. This is an exploratory study which examines graduate unemployment problem confronting Ghana. Semi-structured interview method was used to collect data. Sample for study was ...

Cause every one of these organizations are generally relied upon each other. Consequently, when the market falls, the interest increments. This will down the nation's economy. Last but not least, unrealistic salary and benefit expectation is another cause for unemployment among graduates.

Sample essay. Unemployment is on the rise. In fact, even highly qualified graduates are now finding it difficult to get a job. There are several reasons behind this unfortunate development. The ongoing economic crisis is one of the main reasons of unemployment. Recession has forced many organizations to stop hiring new people.

The South African economy has been experiencing rising unemployment over many years. In 2011, the unemployment rate was at 24.2 % and in 2013 it had increased to 25.2 % (Statistics. South Africa ...

However, it is worth pointing out that although the expansion of the graduate pool is a direct cause of current graduates' problems, increasing the number of unemployed university graduates by 1 million, it hasn't actually altered overall unemployment rates because, over the same period, the number of unemployed high school graduates decreased by 1 million.

Reasons For Unemployment Essay. In today's fast-paced and competitive economy, the issue of unemployment remains a pressing concern for individuals and societies alike. ... The Problem of Unemployment Among Fresh Graduates Essay. In Malaysia, there are graduates remain unemployed need more concern by the government because it have become a ...

500+ Words Essay on Unemployment is provided here to help students gather points related to the definition and reasons for unemployment. Also, it has provided the solution and steps to be taken to eliminate unemployment in India. ... Government should create more job opportunities for the youth and graduates. Conclusion. India is a fast-growing ...

Among the implication of unemployed graduate are, First, inability to meet financial responsibilities and basic necessities of life. As Asaju K., Arome S. & Anyio S.F. (2014) said the unemployed individuals are usually unable to earn money to meet financial responsibilities and the basic necessities of life.

The purpose of this essay is to examine the causes and effects of unemployment, as well as provide potential solutions to address this issue. Thesis statement: Unemployment is caused by economic and societal factors, and it leads to negative economic and social consequences.

Such perspectives must be addressed to enhance the employability of graduates. The quality of secondary education was also highlighted as another reason for graduate unemployment. According to Mlatsheni (2002), fewer students who matriculated passed with exemption and students are regarded as functionally illiterate.

The jobless rate for graduates was 29.1%, almost nine times higher than the 3.4% for those who can't read or write, a new ILO report on India's labor market showed. The unemployment rate for ...

India's Unusual Jobs Math: More Education Equals a Higher Chance of Unemployment A protest in parliament has cast a spotlight on young people with college degrees who are struggling to find careers

In Short. IIT Bombay faces 36% graduate unemployment months after IIM Lucknow and BITS Pilani seek alumni help for placements. India Employment Report reveals 29% graduates unemployed. Concerns mount over job market challenges for highly educated youth. It is no secret anymore that this is simply not the best time to be in the job market.

The unemployment rate among fresh graduates increased to 25% in 2020 than the year before, jumping from 13.8%. The null hypothesis is that employer preference, candidate attributes, and economic ...

In China, even though growth has been slowing, the unemployment rate for college graduates under the age of 25 hovers around 7.5%, according to an Asian Development Bank report from last year ...

For the past decade the number of Chinese college graduates applying for jobs in the civil service has surged. In 2023 some 2.8m applicants qualified for the civil-service examinations, chasing an ...

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