Mauritius

March 05, 2013

Solution Lies in Entrepreneurship: Graduates Called…

Young, dynamic, intelligent, they have everything to succeed. But despite their qualifications and skills, many of our graduates are now unemployed. In a context marked by economic crisis, finding a job is not an easy task.

Entrepreneurship is it the solution to the problem of unemployed graduates? Point.

The scene takes place in a classroom. A teacher asks a question to his students: "What job do you do later children? "" Officials like my dad! , "Proclaims a kid. "Doctor! , "Adds his neighbor.

"Banker! , "Says his friend. However, this same question in small Singaporean and U.S. give any other answer: "Fit my own business! '

For the economist Yusuf Ismail, it shows one thing: "The Mauritians are not" risk takers. " Conservatives, their only aspiration is to have a good job, a home and a family. "But if such an aspiration has proven in the past, the economic environment has changed. This is not as easy to find a job. Even a graduation does not change the fact that with the crisis, companies do not recruit as much as before. Worse, in some boxes, wages fell and layoffs are more numerous.

"The jobless growth is indeed real. Of course, growth is present in certain sectors such as BPO or at cruise, but not employment, "says Yusuf Ismail. Hence his insistence that young people turn to entrepreneurship: "We need to change this mentality that aspire to find a" white collar job "after college. There are a lot of business where young people can thrive, especially in agro-industry, the computer industry, trade, services ...

For example, doctors currently unemployed might well have been the "medical outsourcing" or "medical transcription", or import drugs until a place becomes available for them. Opportunities exist for young people to grasp. "Yusuf Ismail advocates including teamwork:" People tend to copy what others are doing. A merchant kebab give rise to other merchants kebab.

One of them could import the machines that make kebabs, another could specialize in the manufacture of the kebab sauce .... Why do the same thing when you can work in a team? Slots are not lacking, the potential entrepreneurs, get creative. '

The government also has a role to play in encouraging entrepreneurship. "We must educate our youth to pursue and take risks. Institutions for SMEs should act as facilitators. Must accompany the prospective entrepreneurs and not to assist or deter them with red tape, "recommends Yusuf Ismail. Commercial banks must also do their part. "They should encourage and take risks together with potential entrepreneurs and cease to be as conservative if we want to be boosted entrepreneurship in Mauritius. '

Up his own box but is not without risk. As Yusuf Ismail said: "A contractor will fall many times, but he will be rewarded in the long term. There has to see those vendors who have now become great entrepreneurs. However, they have turned to entrepreneurship, not by choice, but by obligation or by force of circumstance. But they have now passed their lives. "

Long-term investment

Have a degree in Mauritius costs between Rs 500,000 and Rs 600,000, whereas for studies abroad, it takes a minimum of Rs 2 million. A big investment that many graduates feel they have thrown into the water by not finding employment. "A graduate should never think that he will quickly regain its investment. It must put in mind that education is an investment for life, "says economist Yusuf Ismail.

Unemployment: three economic reasons

  1. Mismatch between supply and demand. Where the rub is that many graduates are unemployed because of studies they have chosen. Certainly, graduates have skills, but there is no demand for these "skills".
  2. In the quest for the "perfect job." Many unemployed living with their parents. "They do not need to look for this at all costs jobs. They prefer to do nothing while waiting for the "perfect job" with a very good salary preferably in the public, "says economist Yusuf Ismail.
  3. Unemployment by choice vs. forced unemployment. "Many of our graduates refuse to start their career with a low salary. As opposed to forced unemployment where there is no demand, unemployment by choice occurs when the unemployed person does not want to work, "said Yusuf Ismail. He cited the 800 physicians currently unemployed. "They could have other positions in hospitals waiting to be recruited according to their competence. Should not forget that it is working you gain experience, "reveals the economist.

BPO, a lifeline

Fortunately, the Business Process Outsourcing (BPO) exists. Without this area, the unemployment rate among young people was undoubtedly much higher. According to Charles Cartier, vice-president of Outsourcing & Telecommunications Association of Mauritius (OTAM), "more than 80% of employees under age 30."

He believes the number of employees in this industry about 17 000. A quick calculation shows that more than 13,000 people in the industry have less than 30 years. Without BPO, it is so many young people have been on the labor market. And no other industry could absorb it all. Besides the fact that this sector has the highest growth of the local economy, with growth of 12% in 2012, it offers several advantages to those who are beginning their careers. "We offer good jobs and career paths are interesting.

BPO, it is not the sale by telephone. Many jobs exist in this industry. Then the youth of today do not want to be limited to the national territory, but have an opening on the international, "says Charles Cartier. The other great advantage is that many foreign companies that populate the local BPO came with other methods in terms of human resources management. "Meritocracy is a much more important that companies in Mauritius. One criterion is important: the performance of the employee. People are valued using specific indicators and transparent, "says Vice President of OTAM.

 

FIGURES

  • 7216 holders of a diploma of higher education were identified as unemployed in 2012, according to data from the Ministry of Labour.
  • 19,026 graduates have jobs, but seek better opportunities.
  • Only 3,000 jobs were created in 2012, according to estimates by Statistics Mauritius. Between 2010 and 2011, 1,500 new jobs have been saved.

Testimonials

J. Zara, 25, Rivière-des-eels graduated in Law & Management

"I finished my studies in 2010, and since I can not find work. I thought they were going to open doors. However, I was wrong. Jobs in this sector are rare. Last year, I took classes at the Mauritius Institute of Education (MIE) to teach. Still nothing! The government should give more chance to the young. '

Ramatally Walid, 24, Rose Hill, graduated in Mechanical Engineering

"It's frustrating to stay at home while my parents spent nearly Rs 90,000. Moreover, four years of study have not been easy. I sent my application around. Whether in the private or state. But to this day, it's radio silence. '

Yashod Chicoory, 22, St. Croix, graduated in History and Geography

"I am unemployed since June 2012. With these studies, I do not have a variety of choices. Nevertheless, I still hope that luck will smile to me very soon. With the MID project, maybe I décrocherai a job. '

Anne-Marie R., 25, Curepipe, graduate nutrition

"Being a nutritionist has always been my childhood dream. But since the end of my studies, I'm home. This lasted for over two years. It is not obvious to work on his own account. Therefore, I patienterai a little. If I find anything, I'll think to immigrate. '

 

 

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