More and more people nowadays have to compete with younger people for the same job. What problem does this cause? what are some possible solutions?

For the

last

few years, the

job

market has been witnessing an imbalance between the number of

job

candidates and

job

openings.

This

scenario leads to an increasing number of people competing with fresh graduates for the same employment.

This

essay will discuss some of the consequences of

such

situation with which some probable recommendations. There are several problems associated with the higher number of

job

seekers applying for the same opportunity. It usually implies that the majority of

such

candidates will remain unemployed as

job

vacancies are being limited. If any country cannot provide suitable employment for the majority of its people, the growth of the

economy

will likely hamper and may result in a deadlock position.

Also

, some candidates probably try to be appointed adopting unfair means in the recruitment. To illustrate these, a recent report in the Daily Star showed that Bangladesh police arrested all members of a gang who used to help unlawfully some opportunities in return of money.

Thus

, it is evident that unemployment and illegal appointment can raise when many prospective employees apply for a few positions. To address the problem, one of the most effective solutions would be to increase the

job

opening which is possible by developing the

economy

. Prudent human capital is a prime requirement for any

economy

,

however

, not utilising productively due to aimless administrative planning. China had discontinued higher education for 20 years to make sure that the citizens are educated with technical knowledge to support its long-term plan to become the largest

economy

of the world,

for instance

. Self-employment is another approachable solution to ensure

job

opportunities for everyone,

although

it may require certain knowledge and training occasional. In conclusion, despite the ever-rising

job

seekers being many social problems like unemployment and just appointment the potential candidates can transform the

economy

if measures are being taken effect in accordance with a long-term vision.