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 a high unemployment
rate
among qualified graduates in many Use synonyms
countries
, especially the developing ones. In Use synonyms
this
essay, I will discuss the reasons behind that, as well as some recommendations to increase the employment Linking Words
rate
.
Many factors contribute to the lack of employment opportunities for qualified and educated individuals in many Use synonyms
countries
. The most important factor in my opinion is the lack of Use synonyms
investments
. Use synonyms
For example
, in Egypt, Linking Words
investments
, both domestic and foreign, represent a smaller portion of the gross domestic product compared to the developed Use synonyms
countries
. The smaller the Use synonyms
investments
in manufacturing and other sectors, the lower the job opportunities, and the higher the unemployment Use synonyms
rate
. Another reason is the difficulty to start a company. Use synonyms
For instance
, the interest rates in Egypt are very high, which makes it difficult for a project to be economically viable, and Linking Words
therefore
, people are discouraged to invest and start their own business.
In my opinion, several things can be done to overcome Linking Words
this
issue. Linking Words
First
, the government in Egypt should take serious steps to encourage both local and foreign Linking Words
investments
to create jobs. Use synonyms
For example
, new companies should enjoy lower taxes in the Linking Words
first
ten years of operation. Linking Words
Moreover
, the central bank should remove restrictions on the money flow inside and outside the country to lure foreign investors to come. Linking Words
Second
, small investors should be incentivised by the government by giving them low-interest loans and tax breaks. Linking Words
Third
, there should be an increase in public spending on infrastructure, education, and health to increase the number of jobs.
To conclude, I think that the population growth in developing Linking Words
countries
outpaces economic growth. Use synonyms
However
, if the recommendations mentioned above are taken into consideration, the unemployment Linking Words
rate
will decrease.Use synonyms
Submitted by mariam.elmenabawy on
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