The unemployment rate is very high in South Africa. It is badly affecting youth and older generation. There is no solution to this issue as yet. Everyone is hoping that one day something is going to change and job opportunities will be available for everyone. But that is not going to happen anytime soon. Employers are also cutting employee costs but laying off some employees they consider redundant. South Africans need to start thinking of ways they can start their own businesses and help to create more job opportunities for their fellow citizens.
The short story about NFTs.
Graduate
Youth go to higher education institution with hope that immediately after graduation they will land a job. That is not true in the real world. Finding entry level job, internship or learnership is not easy at all. To get a job you need to be experienced and be fully qualified to do it. Even entry level jobs need experience due to the higher demand for jobs and less supply of jobs by employers. Companies are looking for individuals who will hit the ground running. This is not helping to reduce unemployment when there are no trainings for new entrants. Small businesses may compromise and higher new entrants because experienced might be expensive for them. Big corporates need skilled labour and they can afford to carry the employee costs and have the work done.
Youth needs to equip themselves to remain relevant and be employable.
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Fourth Industrial Revolution
The Demand for employment is very high but country has less to offer to those who have knowledge, skills and experience to offer to the corporate world. With Fourth Industrial Revolution (4IR) taking place all over the world. This present both threat and opportunity for the employed and the unemployed. The threat is that employees may lose jobs because skills they possess are no longer needed. The opportunity is the individuals may start their solutions that maybe offer to companies or individuals to conduct their businesses effectively and efficiently. The country has skills shortage to fill some job vacancies.
Career Guidance
We also need Career Guidance especial in places like in rural areas where most of student are being exposed to only careers that they hear about but might not suit them and their capabilities. Higher Education Institutions should collaborate with their Alumni to assist students from their previous schools. This would help to fight unemployment. Higher education institutions Academic Advisors know better and especial with changes that could possibly affect the future and graduates. Building the best relationship with high school would help and improve the knowledge of learners and aspiring matriculant who still have desire to further their education.
Those who are already employed may conduct a research based what potential job positions that they are aiming to get at. They can go first check posts that are already available on career websites and try to mould their academic plans around it. Knowing what are the requirements to be what you want to be appointed as in future will be beneficial to them.
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