Ways to Reduce Unemployment
One of the major problems in every country of the world which governments are seeking solutions to is unemployment. The rate of employment is directly related to many microeconomic factors of a country’s progress and thus a lot of discussions have been made that have led to many theories.
The theories that they have come up did not contribute at all to solving the unemployment issue since there are either impractical or cannot be applied to all countries plus some of these theories will even increase the level on unemployment all the more.
Below are some steps that governments or world bodies can take in solving the problem of unemployment.
One way is the betterment of employment exchange. In many countries, employment exchange is a mere formality, and so it is important that employment exchange offices synchronize correctly and quickly with private companies which provide the maximum job opportunities. The employment exchange offices should be given more funds and powers by the government.
Better educational facilities to citizens is another way to help the problem of unemployment. Educated people can have a relatively easy time finding a job than uneducated ones and so we see that education creates employment and a country with good educational facilities will have less unemployment.
It should not happen that children are hired for employment. Children who have already learned how to make money will not want to go to school but look for more options to make more money. Small children should be in school and not out of school making money. Elimination of child labor can definitely help people to go for better options.
Job fairs should be sponsored frequently for job seekers. It is a great idea to regularly sponsor job fairs so that companies that have employment opportunities can meet potential employees who need them.
Public sector companies should have increases in grants by the government. There are also hundreds of job opportunities in public sector companies.
There are many people who choose unemployment over receiving a small paycheck, so there should be an increase in people’s pay scale. Improving pay scales in government and public sectors will give fewer options for people to stay unemployed by choice.
There are other steps like making an independent ministry of employment and better tax transitions will also help decrease unemployment to some extent. The government can be helped greatly in their fight against unemployment if they would follow some of the suggestions given above.
Since unemployment is now a global issue, there are a lot of researches going on about it. People can get more information in unemployment websites. Information on family matters are facilitated in that site.
Not all jobs sectors, however, have suffered unemployment equally, and one of the least hit job sectors has been the trades such as electricians and plumbers. Now, a lot of young people from different backgrounds are going into vocational training course and apprenticeship so that they can start of their exciting new career. Vocation courses are very attractive because you don’t spend much compared to a college degree and you acquire practical skills and work experience.
Source: local posts like this