In many countries, young people are finding it harder and harder to find permanent jobs. Why is this? What can be done to improve the situation?
Lots of
countries
in present times faces unemployment problem for young people. As the global economy
recovers from corona pandemic
. opportunities are becoming lesser and lesser for young people. To improve the job prospect for the young population
respective governments should propose relaxed taxation policies and economic incentives
.
One factor why the young population
find it difficult to find jobs
is the sluggishness in the economy
due to
the pandemic
.Moreover
, the pandemic
has forced a temporary shutdown of all activities across the globe which affected the economy
of lots of countries
. This
has forced major economies to shut down their economic activities and as a ,result
massive job layoffs have been done. For example
, In the US, almost 50000white collar and blue-collar jobs
have vanished because of the pandemic
lockdown.
To improve job prospects or employment situation countries
should promote incentives
for various sectors of the economy
. Furthermore
, They should also
think about providing relaxed tax structures for corporates. this
will result
in creating jobs
in the economy
and improves the employment scenario in various countries
. To cite an example, in India government has decided to promote incentives
for the manufacturing, and construction sectors of the economy
. As a
result
lots of Add a comma
,result
jobs
have been created after the pandemic
.
In conclusion, governments of various countries
should take various initiatives like relaxed tax structures and economic incentives
to boost employment in their respective economies. Economic recovery will boost the economy
which will result
in creating jobs
for the young population
. Corporated will avail the benefits of taxation and incentives
and invest in their business . This
will create jobs
for the young population
.Submitted by yash334 on
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