Youth Employment Program: 2000 Youngsters in Business

9 years, 4 months ago - September 25, 2013
YEP: 2000 Youngsters in Business
The Ministry of Finance seems to rely heavily on Youth Employment Program (YEP) to help young unemployed people get hired. Since its launch this year, the YEP focused to facilitate the recruitment of more than 2000 young people on the grant of any individual investment company over a period of one year.

The Ministry of Finance plans to improve the program by providing high-level training on employability skills to any registered candidate YEP or 8480 total according to latest figures. The organizers of this project emphasize that this decision follows a thorough analysis of the YEP that allowed them to identify some deficiencies that can act as an obstacle in the placement of young people in business. The Ministry of Finance has decided to use the service of a tertiary institution, exercise tender is underway to help young people enter the world of work and assimilate skills including employabilités include: communication, problem solving, positive attitudes and behaviors, flexibility, teamwork and skills in science, technology and mathematics.

More than 41% of the unemployed are under 25 years

To date, the database YEP has 8480 registered unemployed youth. Just over 2,000 youth were placed in business, including 931 women. The number of registered employees slightly surpasses 500, among them 253 have conducted recruitment.

According to the latest report from Statistics Mauritius on unemployment, more than 41% of the unemployed are under 25 years. The Minister of Finance did not hide his concern about this situation, then it stood the table of the local economy at the tripartite meeting, government-private-union on wage compensation which will be effective from January of next year.

Thus, we should expect further concrete measures in the 2014 budget to combat unemployment. However, this problem is related to the economy, it is especially necessary to Grand treasurer to find ways to manage the economy and stimulate growth to create jobs.

In the circumstances, it requires not only the further development of efficient sectors, including ICT and financial services, but also by the development of other sectors able to grow in the medium term, unlike the ocean industry will, her off in the long term.

According to economists, we need a sustained growth of over 5%, the forecast for this year is 3.3%, to bring down unemployment, which is currently around 8%.

The proposals of the NESC

The youth unemployment is three times higher than that of adults. This is the observation made by the National Economic Social Council (NESC). According to this organization, there are more than 20,000 young people who are actively seeking employment. This despite the fact that some employees say they do not find the candidates of their choosing. One of the main reasons, says the NESC, is the problem of 'mismatch'. Hence the decision to make a thorough study on the demand and the offer of employment.

Among the preliminary proposals of NESC is the creation of a 'one-stop shop' that will be responsible for the registration of the unemployed and potential as well as training and placement employers. Other proposals are under consideration concerning the launch of a monthly magazine of employment, holding job fairs on a regular basis, the revitalization of the unit 'Career Guidance' operating under the Ministry of Education and upgrading of business.

 

Text by Le Matinal

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