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?

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Nowadays, it is quite prevalent that after completing graduation, pupils start to search for their
first
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jobs. Meanwhile, some believe that even though graduates are highly skilled , but they struggle to get their
first
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job or remain idle.
This
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essay will certainly explore that
this
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unemployment
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situation is influenced by the poor
economy
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of the country and
also
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will definitely discuss the possible solution to eradicate
this
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problem.
To begin
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with, the poor
economy
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of the country is the primary reason for causing
unemployment
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. Because of
this
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poor
economy
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, Investors
also
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do not show any interest in investing in businesses as they fear that they will not make enough profits.
As a result
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, as businesses do not get enough money , they fall down quickly.
For example
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, in India, according to the data of 2015, almost 70 per cent of start-up businesses have diminished only because of
this
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reason ,and surprisingly, few startups can not even survive for more than 5 years long.
Consequently
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, graduate students don't get the opportunity to crack their
first
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job , even though they are highly talented.
Besides
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this
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, the Government should step up immediately by allocating a certain amount of budget to businesses to curb
this
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issue.
This
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can
also
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encourage business owners to enhance their businesses, which in turn ,
also
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encourages investors to invest money on businesses.
For example
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,in Mexico, according to the 2018 news, because of the
unemployment
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, the Government made
such
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contribution to businesses by allocating money. Because of
this
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contribution, the
unemployment
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rate of that country decreased
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by
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5.5 per cent in 2019 from the previous year , according to the 2019 data. In conclusion, searching for a job has been increasing day by day in many countries.
This
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essay elaborates that the poor
economy
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is responsible for
unemployment
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and
also
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exemplifies the possible solution to curb
this
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problem. In the future, administrative bodies should look into
this
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unemployment
Use synonyms
issue more seriously and should need to take appropriate action to alleviate
this
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problem.
Submitted by jayz.3382 on

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