Unemployment has been a serious issue faced by countries these days which has grown leaps and bounds. Lack of having adequate jobs for growing population in each nation have become a major concern for even Developed countries. While some may argue this over the growing population the actual reasons are different.
Firstly the major issue faced by nations are the flaws in their Educational system, wherein Colleges are not able to prepare students for skill based jobs. As a result of this candidate who pass out from Universities fail to obtain job of his/her calibre. In case of a skill based curriculum, students can be effectively trained and channelized towards a particular job which is available in the market and this has now been adopted by some nations.
Secondly lack of attracting foreign investments to the country has led to creating limited job opportunities. These investors were not willing to enter the nation citing complex regulations and taxation. However these investors not only invest in a region, they also revamp the infrastructure thereby creating jobs, better roads, enhancing standard of living which alleviates the economy.
Hence to conclude onus is with the Regulatory authorities who must ensure that there exist a stringent laws in place to ensure students are being taught the right subjects from the grass rot level to address the shortcomings in education. They will also have to ease foreign policies to ensure more funding comes from Multinational companies situated abroad thereby create increasing jobs to meet the demands of the nation.
Unemployment has been a serious issue faced by countries these days which has grown leaps and bounds. Lack of having adequate
jobs
for growing population in each
nation
have become a major concern for even
Developed countries
.
While
some
may argue this over the growing population the actual reasons are
different
.
Firstly
the major issue faced by
nations
are the flaws in their Educational system, wherein Colleges are not able to prepare students for
skill
based
jobs
.
As
a result of this candidate who pass out from Universities fail to obtain
job
of his/her
calibre
. In case of a
skill
based curriculum, students can be
effectively
trained and channelized towards a particular
job
which is available in the market and this has
now
been adopted
by
some
nations.
Secondly
lack of attracting foreign investments to the country has led to creating limited
job
opportunities. These investors were not willing to enter the
nation
citing complex regulations and taxation.
However
these investors not
only
invest in a region, they
also
revamp the infrastructure thereby creating
jobs
, better roads, enhancing standard of living which alleviates the economy.
Hence
to conclude
onus is with the Regulatory authorities who
must
ensure that there exist a stringent
laws
in place to ensure students are
being taught
the right subjects from the grass rot level to address the shortcomings in education. They will
also
have to
ease
foreign policies to ensure more funding
comes
from Multinational
companies
situated abroad thereby create increasing
jobs
to
meet
the demands of the
nation
.