Wednesday, January 21, 2015

Rwanda Unemployment


The Video, Rwanda Must Address Employment Policies, tells us what they plan on doing to fix the unemployment rate of Rwanda. In Rwanda, their population growth is increasing rapidly. This is the reason for Rwanda’s youth unemployment being so low. Statistics show that over 64% of the youth is will be employed. Is this a myth though?

Unemployment and underemployment is a very big problem right now. In the video this “hinders their achievement in full academic development.” How does unemployment set back the youth’s academic achievement? A firm job creation is defiantly an important part of academic growth. If there is no way to create a job and/or a goal, there is no way to improve academically.

What can the government do to help this problem? In Rwanda there is a total of 3.4% of underemployment and 7.7% of unemployment since 2012. The Government talks about improving the business environment for the bigger companies. They do have small setbacks when trying to do this. The young still need to improve. They need to broaden their options. They need to experience internships to see if they enjoy what they do. If they are interested in what they do, the wealth will come.

The government’s plan is as the youth are still developing, Rwanda will lose some of their tax base because of the low numbers of employment. But as they grow and find what they are interested in, they will create more jobs for them to work at. With the increase of jobs, their tax base will also increase. It will affect Rwanda for a short term, but will defiantly help for the long term bringing in more employed youth and eventually bringing the wealth into Rwanda.
http://www.cnbcafrica.com/video/?bctid=3912025366001

3 comments:

  1. The youth experiencing internships is a really good way to help this issue. Most of the youth only go into a work field because its the only on offered to them, or because they know someone who got them in. If you remember, Courtney posted a blog focusing on how the only way to get a job in Africa is to know somebody, such as a relative or a friend. I don't think that is the right thing to do because the youth should be able to branch out on their own and do what they want for themselves, and this is what internships will do for them. Internships will bring a lot of money to the youth also. This is a good way the government can help the youth unemployed for now and for the future.

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  2. Internships are a great idea. It gives the youth great experiences and a lot better working skills. They will be able to prepare them for when they get real jobs and even make it easier for them because now they know what they are doing. This is a good start to helping the youth with unemployment and if this continues I feel as if it will only get better in the long run.

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  3. Internships would be really beneficial too the youth in Africa. It will begin to prepare them for actual jobs they can receive once they're done. This would be a great idea that Africa should start doing. This may also spark an interest in some of the youth and motivate and inspire them to go out , get an education , do their internship , and then receive a job. Africa should really look into internships because it will really help out the unemployed.

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