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?

Unemployment

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is on the rise. In fact, even highly qualified graduates are now finding it difficult to get a

job

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. There are several reasons for

this

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unfortunate development. The ongoing economic crisis is one of the main reasons for

unemployment

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. The recession has forced many organizations to stop hiring new people.

As a result

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, fresh graduates receive no

job

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offer. Even employed people are getting laid off due to the financial turmoil in the world’s major economies. It should

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be noted that major economies like the US, the UK and Germany have long stopped growing. When economic

growth

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remains stagnant, the need for new talent

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diminishes.

This

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is the main reason behind the increase in

unemployment

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in the developed world. At the same time, there is an increase in the

number

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of people graduating from universities.

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is particularly true in the case of developing nations. Thanks to the economic

growth

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in these nations, more and more students can now afford a university education.

For example

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, in India, the

number

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of people who graduated in 2016 was significantly higher than the

number

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of people who graduated from universities ten or fifteen years ago. Unfortunately, in spite of its rapid economic

growth

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, the country still does not have enough jobs for all of its people. Another reason that leads to

unemployment

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in developed nations is the outsourcing of jobs to developing nations where cheap labour is available.

Unemployment

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is likely to be a cause for concern in the coming years too. In my opinion, young graduates should stop waiting for

job

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offers from Fortune 500 companies.

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, they should find jobs themselves. The internet has actually made

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easier. It allows people to sell their products or services to interested parties all over the world.

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, graduates seeking employment must stop their obsession with white-collar jobs. If they don’t mind sweating it out, jobs are still available. To conclude,

unemployment

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can be attributed to two factors – the increase in the

number

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of graduates and the decrease in economic

growth

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. The only way to solve

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problem is to encourage people to find employment themselves.

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might require them to take up manual jobs, but having a

job

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is way better than having none at all.