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In many countries today there are many highly qualified graduates without employment.

In many countries today there are many highly qualified graduates without employment. What factors may have caused this situation and what, in your opinion, can/should be done about it?
In many countries today there are many highly qualified graduates without employment. What factors may have caused this situation and what, in your opinion, can/should be done about it?
Unemployment is on the rise. In fact, even
highly
qualified graduates are
now
finding it difficult to
get
a job. There are several reasons for this unfortunate development.

The ongoing economic crisis is one of the main reasons for unemployment. The recession has forced
many
organizations to stop hiring new people.
As a result
, fresh graduates receive no job offer. Even employed people are getting laid off due to the financial turmoil in the world’s major economies. It
should
also
be noted
that major economies like the US, the UK and Germany have long stopped growing. When economic growth remains stagnant, the need for new talent
also
diminishes. This is the main reason behind the increase in unemployment in the developed world.

At the same time, there is an increase in the number of people graduating from universities. This is
particularly
true in the case of developing nations. Thanks to the economic growth in these nations, more and more students can
now
afford a university education.
For example
, in India, the number of people who graduated in 2016 was
significantly
higher than the number of people who graduated from universities ten or fifteen years ago. Unfortunately,
in spite of
its rapid economic growth, the country
still
does not have
enough
jobs for all of its people. Another reason that leads to unemployment in developed nations is the outsourcing of jobs to developing nations where
cheap
labour
is available.

Unemployment is likely to be a cause for concern in the coming years too. In my opinion, young graduates
should
stop waiting for job offers from Fortune 500
companies
.
Instead
, they
should
find jobs themselves. The internet has actually made this easier. It
allows
people to sell their products or services to interested parties all over the world.
Also
, graduates seeking employment
must
stop their obsession with white-collar jobs. If they do not mind sweating it out, jobs are
still
available.

To conclude
, unemployment can
be attributed
to two factors
the increase in the number of graduates and the decrease in economic growth. The
only
way to solve this problem is to encourage people to find employment themselves. This might require them to take up manual jobs,
but
having a job is way better than having none at all.
6.5
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Coherence and Cohesion
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Lexical Resource
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Grammatical Range
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