THE ever-increasing rate of youth unemployment in Namibia is caused by the mismatch of skills and poor career choices. This was said by labour minister Errki Nghimtina at the launch of the fifth edition of the Careers in Namibia Guide 2018/2019.
What are the main reasons for unemployment in Namibia?
The dominant view attributes high unemployment to labour market rigidities. These include strict labour market regulations, high unemployment benefits, high labour taxes, strong employment protection, trade union strengths, etc.
What are the main reasons for youth unemployment?
Inadequate education and lack of productivity is costing jobs. Unemployment increases progressively with decreased educational levels; and the education system is not producing the skills for the labour market. Labour supply is affected by the increase in the number of job seekers over the years.
What are the long-term effects of youth unemployment?
Being unemployed when young leads to a higher likelihood of long-term ‘scarring’ in later life in terms of subsequent lower pay, higher unemployment and reduced life chances according to much research (see, for example, work by Bell & Blanchflower and Strandh et al).
What are the effects of unemployment in Namibia?
This means half of Namibia’s economically active population is unemployed, posing major social, political and economic risks, as such high unemployment can yield devastating effects on social exclusion, crime, and economic welfare, erosion of human capital, death, misery and social instability.
What are the health effects of youth unemployment?
Unemployed youth with college degrees have the lowest physical well-being (14% thriving), followed by those with secondary education (27% thriving) and primary education (28% thriving).
How is unemployment affecting young men in New Zealand?
First it was noted that while Finland was well able to establish a comprehensive welfare state that buffered young males from the negative effects of unemployment in the course of the recession, New Zealand had a limited welfare arrangement that was unable to protect young men at an age where they were about to start looking for employment.
Why is there so much youth unemployment in Africa?
The resulting potential for social unrest in Africa is largely due to the disproportionately-affected youth demographic, whose level of unemployment is twice that of older adults and who make up the majority of the population.
