Youth Unemployment, Generation Jobless Essay Example
Youth Unemployment, Generation Jobless Essay Example

Youth Unemployment, Generation Jobless Essay Example

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  • Pages: 3 (774 words)
  • Published: October 29, 2016
  • Type: Analysis
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The article “Youth Unemployment, Generation Jobless” from The Economist focused on the young generation right now that is out of work. According to this article “The Economist calculates that, all told, almost 290m are neither working nor studying: almost a quarter of the planet’s youth”. So what is the cause of this unemployment in the younger generations? As I was reading this article I noted a couple things that contributed to the unemployment of the youth.

The factors that I saw causing high unemployment in the young generation of the work force age 15-24 are job experience, lack of education, economic recessions, the growing population of the youth, gender roles, and lack of motivation. One of the biggest problems is lack of education. As mentioned in

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the article many youth drops out of school before they even get their high school diploma. Because of this “the jobless rate for people with less than a secondary-school education is twice as high as for those with university degrees”. Lack of job experience also leads to finding jobs for youth to be harder.

Because some jobs don’t give the experience needed for other jobs, it is harder for the youth to find a job. This could also be seen as mismatch in job experience. Other problems that tend to lead to the high unemployment rate of youth are the slow growth of the economy and the fast growth of the younger population. When the economy does badly, it gives the youth a harder time to find a job. And because there is no motivation and everything seems hopeless, some youth give up and don’

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find a job. This is a really big problem and I believe the best way to solve it is to fund the youth with better education.

Instead of spending the tax money people who don’t have jobs, I think that money should be spent on encouraging the younger generation to a higher education. Not only do they need a higher education, they also need the right education. Because some educations doesn’t teach the skills needed in a work environment, the right education is really important. As mentioned in the article, I think the way Germany does things buy giving their people the right education and apprenticeship, it leads to a lower unemployment rate and encourage people to find good jobs.

In this article “Despite Unemployment Worries, 95% of U. S. College Grads Have Jobs” written by Palash Ghosh, he brings the idea to us that even through the biggest recession those who have a higher education can still hold jobs while the economy is going through a downfall. He talks about how education can play a huge role in the unemployment. As Ghosh mentioned, those who have college experience have an 8. 2% unemployment rate, while people who have reciebed a high school diploma have a 9. 6% unemployment rate.

Sadly for those who did not finish high school, have a 14. 6% chance of being unemployed. Ghosh is telling us that one of the biggest reason why unemployment is happening is education. Those with higher education usually retains a job, while those who don’t even have a high school degree struggle to stay employed. Although education is one of the many

reasons that youth is unemployed as mentioned in the article “Youth Unemployment, Generation Jobless” by The Economist, I feel education plays a really big role on how it affects the unemployment.

Proven by this article written by Ghosh, I believe that if we encouraged the younger generation to get through school and finish it, unemployment rate in this world will be a lot smaller. According to World Economic Forum, in their issue overview, 1. 2 billion youth is unemployed, making that 17% of the world as unemployed. As of 2010, 357. 7 million of the youth are not in education and this number is rising. Because unemployment in youth is constantly climbing, the future doesn’t look good for the future generations according to this article.

Life styles will be changed, future generations will be struggling with increasing cost of the economic problems, debt and because of all of this it causes a gap between government, corporations, and the people who are trying to get jobs. Reading all of this in the article opened my eyes to what lies ahead of the younger generation who is struggling to find jobs. Knowing this, I hope that we eventually find a way to help with struggling younger generation to get higher education, so that we may put an end to the struggles of our economy, and that in return people will also have a better life style in the future.

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