The level of unemployment is increasing by the day and this is due to the increase in the number of people applying for jobs and a drastic drop in the number of jobs in the market. Every government is battling with unemployment index because unemployment among the populace leads to a proliferation of crime and other nefarious activities.
To understand the level of unemployment and its impacts on people around the world, you can visit reviewsbird.co.uk. As many governments globally claim to toughen the fight against unemployment, here are some of the strategies that can be employed towards reducing the number of unemployed people roaming the streets.
Increase the supply of skilled labour
The supply of skilled labour has to increase to be commensurate with the number of people leaving tertiary institutions of learning. The availability of highly skilled workers will enable companies to complement the hiring of skilled and unskilled labour.
Addressing macro-economic challenges
With many investors pulling out of even the most stable of economies, the level of investment in many countries have dwindled, and this is not good for the overall economic productivity of any country. The influx of telecom network companies into the country … Read More