Following the issue of the recent and
uncontrollable rise in job search, how it has highly risen beyond measure as
the jobs available are less than the population seeking for the job.
As at 2016 the level of unemployment
has gone so bad in Nigeria that, statistics reveal that unemployment
rate has risen from 13.3 per cent in the 2nd quarter to 13.9 per cent in the
3rd quarter of 2016. As at 2017, Google trend also shows that the level and the percentage of
job search on the internet has risen to about 89% job seekers looking for a job
on the internet.
The challenging question running
through the mind of people is that are there no jobs available, could the
recession be a limiting factor which has affected organization to retrench and
cut corners in order to save cost to meet up with the market demand in order
not to run at a lose?. What really could be the factor to this; could it be the
recent rise in the population leading to high seekers in the labour force,
company folding up, economical factor, unavailability of required skill to meet
up to job demands by employees? Etc.
There could be more unraveling factor
to the causes of high rate of unemployment in a country like Nigeria. Tackling
this challenges will be difficult unless this factor is been traced, discovered
and tackled before there can be a victory won for the level of unemployment in
any country like Nigeria. This research thesis has done some little justice to
those hidden factor of the high level of unemployment and possible solution to
eradicate if not completely but at a positive level of percentage.
Hence, this paper discussed on some
possibly hidden causes with unemployment and also discussed on its escape route.
It looked at the traces of the problem, review other suggestion on similar
issue and raised conclusion on way forward to overcome this challenge.
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