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The Effects Of Unemployment On Youths
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CHAPTER ONE
1.1 INTRODUCTION
According to Begg (1987:570),
unemployment rate is the percentages of labor forces that is without a
job but are registered as being willing and available for work.
In the same manner, unemployment is also a state whereby a person wants to work but could not get anyone.
However,
unemployment can be seen as a structural problem where the production
capacity of the economy is far below the level of absorbing the
available manpower. The term unemployment is multi- versatile in
interpretation, hence it can also be viewed to mean those categories of
people who are able bodied and often eager to work but to whom no
suitable jobs are available. The issue of unemployment is perennial
problem and can be seen all over the nation, states and cities.
Different people are held up in this hook of unemployment problem, it
isa common problem among graduates of tertiary institution and secondary
school leavers. It also embraces skilled and unskilled personnel
ranging from science, engineering, medical graduates and others.
The
peculiarity of the high rate of unemployment in our society has brought
about the need to study how the problems of unemployment affect the
youths in Agbado Oke Odo local government area of Lagos state and strive
to find out possible solution to this enormous and lingering problems
that threatens the core of out life stream. This is because unemployment
affects economics growth, social and political stability of a Nation.
Besides, unemployment is viewed by some school of thought as a stepping stones to a better job.
From
the foregoing, it has therefore becomes imperative to embark on this
research hence it has been noticed that without checking the problems of
unemployment, you would loitering about in Nigeria society thereby
engaging themselves in numerous evil activities or constituting social
menace in the society. Economists have addressed the issue of
unemployment, types and effects and profer solution with the view to
improving on the level of development of nations in the world.
In
Nigeria today, problems of unemployment of youths is paramount due to a
lot of economic measure or policy being put in the federal Government of
Nigeria. Such policies are embargo on employment, devaluation of
currency, establishment of foreign exchange market which is seen not to
be implemented appropriately by the relevant agencies. The problem of
unemployment of youths is at alarming rate due to social and political
instability in Nigeria. It has been noted that youths are the future
leaders of the nation and they constitute the major key factors of
production in the country.
Consequently, for any production process
to be ascertained and actualized, labor must be fully utilized. The
absence of labor automatically renders land and capital our life stream.
1.2 STATEMENT OF THE PROBLEM
The problem of unemployment of youths has consequently led to the followings within the Nigeria society.
1. Youths are seen parading the streets as a result of being unemployed which is detrimental to the economy of Nigeria.
2.
The high rate of unemployed youths constitute into wastage of human
resources and man - power which in turn lead to lower productivity of
the economy.
3. As a result of high rate of youths, it has
consequently led to high degree of moral laxity and social evil acts
associated with Unemployment and this misbehavior has lead to the
discouragement of the investors to boost the economy positively.
4.
The high rate of unemployment in then country has let to many of our
potential labors to run away to other countries in search for a job
hence, contributing to the foreign land income at the detriment of ours.
5.
Many of our youths have turned to be hoodlums and constituting nuisance
to the society by collecting money from the commercial vehicle drivers
as a result of unemployment in the country.
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ABSRACT - [ Total Page(s): 1 ]The problems of unemployment of youth in Nigeria are increasing in an unprecedented rate. Unemployment is a situation whereby able bodied men who are willing to work could not get suitable job to do.The problems of unemployment have been found to be affecting both the skilled and unskilled persons in Nigeria. More especially, as it affect the youths being the core in the nation economic development. However, some school of thought opined that naturally some people are not ready to accept any kin ... Continue reading---
