Why Unemployment is High

Mika

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Why do you think there is unemployment, why there is imbalance in the job market? Well, the reason is simple, there are more job seekers than job providers. You see, every year, millions of people graduate (globally), but new jobs are not created in the same numbers. There is a mismatch between those who complete education and the jobs being created. Despite the fact that many people build knowledge and skills so that they can find appropriate job but only few companies are created every year and only feed companies are able to afford new workforce. There is a scarcity of jobs in the market.
 

Spencer

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I also think the reason for this is that most people are not willing to think outside the box, people are still going to university to study courses that are not going to help then in any way and they're expecting to get a job with that.

It's important for young people to learn Indemand courses and skills, the job landscape is changing and employers are not looking at only certificates they want to know what you can offer to them.

I also think job creation should be encouraged.
 
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