Global Journal of Human Social Science, E: Economics, Volume 21 Issue 4
worked on human beings' illness in his theories. He talked about the illness of human being. He took certain assumptions, which include. The identification of two types of wage and these wages applies to two sectors of society. vii. Encouragement and Expansion of Small-Scale Industries More labour-intensive small-scale industries should be established in the rural areas and through government investment, direct incentive, income distribution, and the government's enabling environment for industrial development. viii. Encouraging Self-employment Young school leavers should be encouraged by governments, organisations, and well- educated individuals to be self-employed and provided with interest-free loans, enabling environment and necessary working materials. This process will help reduce over- dependent. ix. Population Growth Rate Should Be Reduced This should be the government churches' responsibility and other non-governmental organisations. The government, for instance, should adopt measures to reduce population growth through family planning persuasion, financial incentives, and disincentive, legislation, and education. The government should give sanction to the family with more than specific good numbers while churches should use moral persuasion on their members. x. Tribalism should be Dejected Nigeria is primarily an ethnic country (Yoruba, Hausa, and Igbo). Apart from these three major ethnic groups in Nigeria, other sub-ethnic groups still exist. Therefore, all constraints which prevent people from getting jobs in states or tribes other than theirs should be discouraged. This government can do this by putting a measure in place to sanction defaulters. xi. Discourage Rural-Urban Migration Integrated rural development programme should be enhanced in the rural areas. Re- orientation of economic activity by the ministry in charge of information and provision of social amenities like electricity, pipe- borne water, and communication facilities should be provided in the rural areas. The government should also provide and encourage the already existing small-scale industries in rural areas. xii. National Employment Scheme Should Be Established National employment schemes should be established at the federal, state and local government levels. They should be charged with the responsibility of providing information on the number of unemployed people. These unemployed people will register with the schemes, and the unemployed should be placed where there are vacancies. xiii. Repatriation of Illegal Immigrants The government, through its agencies like Nigeria Customs, immigration, Police, etcetera, should check the influx of illegal immigrants. The government should ensure that any illegal alien should be deported. xiv. The federal government should hasten the power sector reforms and re-stabilise the power sector to end Nigeria's looming energy crisis. Encouraging entrepreneurial activities is believed to be the remote cause of the country's unemployment problem; power is a significant factor in the economy. xv. Religious, Ethnic and Political violence and crisis should be controlled by all means necessary as it displaces people and causes serious harm to their means of livelihood. xvi. There should be a process or program geared towards training youths in Nigeria in the act of entrepreneurship, inconsonant with the assertion that knowledge is power. We are aware that programs like the National Directorate of Employment and the inculcation of entrepreneurship development courses in all higher institution's curriculum in Nigeria, but more still need to be done as these platforms are just being institutionalised. They ought to be proactive and pragmatic. If they cannot fit in the prescription, a new one should be created to take their place. xvii. There should be a government-regulated means of entrepreneurial development sponsorship devoid of politics. The likes that have crippled those developments in Nigeria in terms of financial funding as a lack of monetary access have contributed to the noteworthy glitches of entrepreneurship development in Nigeria. xviii. The agricultural sector as a medium of reducing unemployment in Nigeria should be harnessed and recommends that government and all relevant stakeholders continue to reduce unemployment and give their support in ensuring that the agricultural sector is not downtrodden but embraced in this track. xix. Removal of socio-political impediments and discrimination to employment Job vacancies may be available but remained unfilled because of prejudice against certain potential workers even if qualified. Such prejudice includes religions, ethnics and political bias, which encourages misallocation of labour because the job seeker with the "right" political, or religious or ethnic connection gets the job whatever his or her qualification. One way of removing a non-economic impediment to employment is by legislation to prevent discrimination with a strong political will to enforce such law. Volume XXI Issue IV Version I 70 ( E ) Global Journal of Human Social Science - Year 2021 © 2021 Global Journals Which of these Economics Jargons - Underemployment, Overemployment, Unemployment, Rightemployment, Overqualification and Overeducation is Appropriate for an Economy?
RkJQdWJsaXNoZXIy NTg4NDg=