Problems Of Unemployment

Various countries experience difference forms and severities of unemployment. This problem has many causes, but they are never addressed until the effect takes place. As a means to alleviate unemployment and boost the economy, I have proposed three solutions to this problem. Implementing methods such as the encouragement of small businesses, less red tape for vendors, and a better education system will have a devastating effect on unemployment as a whole.

Private enterprise

The first solution I would propose to solve the problem of unemployment is to encourage private enterprise. The more people start their own businesses, the more jobs will be created. More jobs also means more training and experience; and the more that takes place, the more opportunities arise to start new businesses. The beauty of our economy is that there is a positive snowball effect that can take place if the correct pattern is followed. More businesses mean more competition, yes; however it also increases the need for business-to-business ventures—thereby creating even more jobs in the long run.

A better education system

I believe that our education system is fundamentally flawed. By the time students arrive at high school, there should be a general understanding of what they are good at and where their strengths lie. But instead, our education system pushes students to follow a general curriculum of studies that will not be used in their eventual careers. Students should be honed from a young age (about 13 years) to follow a career path that suits their talents and natural abilities. Many a young person becomes discouraged by the subject choices in their school because nothing appeals to their abilities. This is a sure recipe for unemployment as well as a low sense of self worth in the long run.

Less red tape

Small time vendors are frowned upon when trying to make a living. There seems to be more and more red tape associated with selling food, renting or buying trade property, or offering services on a freelance basis. Instead of making these endeavours so difficult to achieve (and then heavily taxing them once they are established), ease of business should be the norm.

Implementing these changes (or improvements) may not be quick fixes, but I believe they are good first steps to seeing an improvement in the economy and a decrease in unemployment. Perhaps someday these systems will be put into place and unemployment will become a rare problem in our world.