The competition between the older and younger generation people is increasingly getting stiffer whilst seeking jobs. This essay will firstly discuss the pivotal issues that are a result of this situation, namely under utilisation of human resources and economic crisis, and later will suggest answers to address this condition, like employment generation and opportunities to achieve a financial stability.
To begin with, the two victims of job crisis are skilled humans and the countries economic status. With lack of career opportunities, those who are capable to accomplish tasks and contribute to the community are not recognised, and also due to the increase in unemployment of such skilled people the per capita income of the territory would decline. For example, in Spain, in the year 1998, 25% of youth who have finished education had no jobs, this in turn had brought the downfall in the country's economy.
Although the situation is so, the viable solutions to overcome the scenario are creating employment opportunities and encouraging people to invest in share markets. The authorities should build more and more organisations, the governments should tie up with private investors to increase job availability. This will lead to increase in the cash flow, and also with increased money and the right investments in the markets, the nation would flourish in terms of finances. For instance, Kerela is one of the richest states in India, with a 100% employment rate and wise investors.
In conclusion, too many people fighting for few vacancies are a negative sign of a country's status in terms of its citizen's living conditions and financial aspects, valuable human resources being wasted and poverty is two implications. Therefore, a nation that thrives to eradicate such issues can adopt strategies such as creating job opportunities and allowing citizens to invest in things that will bring a nation fortune.
The competition between the older and younger generation
people
is
increasingly
getting stiffer whilst seeking
jobs
. This essay will
firstly
discuss the pivotal issues that are a result of this situation,
namely
under
utilisation
of human resources and economic crisis, and later will suggest answers to address this condition, like employment generation and
opportunities
to achieve a financial stability.
To
begin
with, the two victims of
job
crisis
are skilled
humans and the countries economic status. With lack of career
opportunities
, those who are capable to accomplish tasks and contribute to the community are not
recognised
, and
also
due to the increase in unemployment of such skilled
people
the per capita income of the territory would decline.
For example
, in Spain, in the year 1998, 25% of youth who have finished education had no
jobs
, this in turn had brought the downfall in the country's economy.
Although the situation is
so
, the viable solutions to overcome the scenario are creating employment
opportunities
and encouraging
people
to invest in share markets. The authorities should build more and more
organisations
, the
governments
should tie up with private investors to increase
job
availability. This will lead to increase in the cash flow, and
also
with increased money and the right investments in the markets, the nation would flourish in terms of finances.
For instance
,
Kerela
is one of the richest states in India, with a 100% employment rate and wise investors.
In conclusion
, too
many
people
fighting for few vacancies are a
negative
sign
of a country's status in terms of its citizen's living conditions and financial aspects, valuable human resources
being wasted
and poverty is two implications.
Therefore
, a nation that thrives to eradicate such issues can adopt strategies such as creating
job
opportunities
and allowing citizens to invest in things that will bring a nation fortune.