In many countries today there are many highly qualified graduates without employment. What factors may have caused this situation and what, in your opinion, can/should be done about it?

There is no dearth of well educated and qualified graduates that are currently unemployed in todays world.
This
has become a common issue faced by nations irrespective of their development status. The reasons behind
this
disparity are multifold. Central to
this
issue is the rising population in the preceding century.
In addition
, the betterment of our
healthcare
Suggestion
health care
systems has led to a prolonged life expectancy. These two factors have worked in tandem and eventually led to
this
chasm between the demand and supply of employment opportunities.
Moreover
, the 21st century has witnessed a boom in automation technologies, which has resulted in certain kinds of manual labour becoming obsolete.
This
has been notable in the packaging and supply chain industries. Industry leaders
such
as Amazon and Uber have been pushing for
further
automation in our daily lives.
Finally
, more and more people have been attending colleges and universities which focus on academic development over skill building or vocational expertise. In my opinion, we need to approach
this
conundrum using a
multipronged
solution which focusses on increasing job creation and diversification of
vocational skill building
Suggestion
the vocational skill building
at a pre university level.
This
will ensure enhanced local employability. In
this
age of communication and globalisation, we must
also
shift our focus towards creating a global
work force
the force of workers available
workforce
geared towards environmental issues and preservation of natural resources. To summarise, I believe that the rising unemployment rates are a result of the exponential population growth along with the prolongation of average life expectancy. Another significant contributor is the increased use of automation in industries. Our approach to rectify
this
issue will depend on job creation and global collaboration.
Submitted by vinayanand240 on

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