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Graduate Unemployment

This is a situation where academic graduates from institutions of higher learning (colleges and universities) fail to get employment in either their areas of specialization or any other relevant fields of work. For example, in Uganda and other developing countries, many university and college graduates fail to find work and end up competing for casual labour or blue collar jobs with the semi-educated or uneducated.
Last year on January 14, I had a very good discussion with Jim Bell, the director of Mechanics Beyond Borders (MBB) based in Canada, about business. At that time I was not as focused and undecided which business would earn me a living. Not until Jim talked to me in his kind and professional manner did I finally come to understand my position.
He kept on interviewing me in various ways for so long. That’s when he told me that I’m capable of managing a business and that I must start on a small scale with a little capital.
We young people sometimes need career guidance from our elders because what we might be interested in may not be relevant and may not enable one to achieve what a person would want to be in life. That is why unemployment is rampant in Uganda and in many other developing countries.
I sometimes like to be near Dr. Geoffrey Anguyo because his life experience has actually  made him to be a popular person in the world. He grew up in a poor family with meager facilities to support his education system. But because he was a brilliant child, he struggled until he succeeded.
The following are some causes of graduate unemployment:
1) Broken education system. The education system of Uganda produces graduate job seekers instead of job makers. This has created a situation where the number of job seekers contributes to the rate of unemployment. The curriculum should be redesigned to include job creation components such that graduates who fail to obtain jobs can create their own jobs and in fact also employ others.
2) Lack of required capital and resources for enterprise. Many graduates lack the necessary capital and other resources such as land that are essential to creating enterprise. Consequently they cannot initiate their own jobs or enterprises for self-employment and employment of others. Others even lack valuable items that will act as collateral security to acquire loans from financial institutions to initiate enterprises.

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