Unemployment Analysis in Kenya - Free Essay Example by.
The issue of unemployment is a suffer for the majority of countries in the world and it is clear that the wealthier a nation is, the better it deals with such a case. I think that everything derives from the point that in well developed states people are replaced by machines, robots and computers at work. Consequently they have nothing to do and become jobless. Unfortunately, inventions.
Unemployment Rate in Kenya decreased to 4.90 percent in the fourth quarter of 2019 from 5.30 percent in the third quarter of 2019. Unemployment Rate in Kenya averaged 10.06 percent from 1991 until 2019, reaching an all time high of 12.20 percent in the fourth quarter of 2009 and a record low of 4.70 percent in the second quarter of 2019. This page provides - Kenya Unemployment Rate - actual.
The youth unemployment in Kenya and possible solutions. Economics. PD 16th October 2019; MD 25th March 2020 by Editor-in-Chief. Share this on WhatsApp. Sharing is Caring. According to the British Council, Kenya is experiencing a youth bulge. This is a situation where at least 20% of the population is between 15 to 24 years old. The council goes ahead to state that this segment of the.
Frictional unemployment in the United States is a common cause for the high rate of unemployment. Many factors contribute to frictional unemployment in the United States. Low payment in the job markets highly attributes to frictional unemployment because people keep looking for new jobs to be paid more. Long working hours in various companies make employees leave their current working.
We have an opportunity to change the course of this nation by implementing tips of eradicating unemployment in Kenya. Written by: Pauline. Pauline is the CEO at Allen Cole, also consults for iWork and Elite Writers Hub. She works with small and medium size organizations to increase their visibility online through corporate blogging, content creation, website development and social media.
The purpose of this paper is to look into the causes, effects and solutions to youth unemployment problems in Nigeria. The rate at which unemployed graduates roam the street after the National Youth Service constitutes social malice to the country as a whole. The data for this paper was collected from secondary sources using descriptive approach of previous researches and analysis of scholars.
Unemployment among Kenya’s youth is now estimated to stand at 17.3 per cent compared to six per cent for both Uganda and Tanzania. Mass joblessness, especially among the sprightly and innovative.