scholarly journals CAREER DECISION AND READINESS IN UNDERGRADUATE STUDENTS OF LAO PDR

2020 ◽  
Vol 5 (1) ◽  
pp. 1-26
Author(s):  
Phanhpakit Onphandala ◽  
Vanvisa Philavong ◽  
Bouadam Sengkhamkhoutlavong
Keyword(s):  
Labor Market ◽  
Young People ◽  
Undergraduate Students ◽  
Labor Demand ◽  
Lao Pdr ◽  
Career Decision ◽  
Business Administration ◽  
Influential Factors ◽  
Research Findings ◽  
The Government

Background and Purpose: In Lao PDR, young people have been striving to earn higher degrees, especially in economics or business administration, in the hope of having more opportunities to be employed in the public sector. Meanwhile, they also assume a high risk of unemployment, since the government intends to limit the number of approved civil servants. As labor demand is smaller than labor supply, there will be labor surplus and, even worse, the labor market is moving away from its equilibrium. This raises the questions of why young people aspire to work in the government and how they react to this phenomenon. Methodology: This research study involved a field survey which collected data from final year undergraduate students studying in the faculties of economics and business administration using a crosssectional questionnaire. The survey was conducted from June to August 2018. A descriptive analysis was employed to identify determinants of education and career decisions together with level of career readiness. Findings: The research findings from a sample of 571 undergraduate students, majoring in economics and business administration at four public universities in 2018, revealed that the most influential factors affecting career preference are job security and prestige. As competition among government applicants increases, they seem not to be well-prepared in terms of employability skills. Contributions: These research findings will be useful for the improvement of national policies relating to education and labor market development that aim to alleviate labor market inefficiency. Keywords: career decision, readiness, employability skill, undergraduate, Lao PDR Cite as: Onphanhdala, P., Philavong, V., & Sengkhamkhoutlavong, B. (2020). Career decision and readiness in undergraduate students of Lao PDR. Journal of Nusantara Studies, 5(1), 1-26. http://dx.doi.org/10.24200/jonus.vol5iss1pp1-26

Technical Education and Vocational Training for Women: A case study of Yemen

1970 ◽  
pp. 26-30
Author(s):  
Lara Uhlenhaut
Keyword(s):  
Labor Market ◽  
Young People ◽  
Informal Economy ◽  
Vocational Training ◽  
Formal Education ◽  
Labor Demand ◽  
Job Creation ◽  
Limited Ability ◽  
Skills Shortage

Soaring population growth in Yemen has led to approximately 200,000 young people entering the labor market each year. Figures are outpacing labor demand, in a country where the deteriorating economy is leading to less job creation. The majority of youth in Yemen works mostly in the informal economy with no prospects of regular contracts, social security, or forms of insurance. The limited ability of the formal education system to prepare young people for the labor market is also leading to a chronic ‘skills shortage’ in Yemen.

Young people, precarious work, and the development of youth employment policies in Japan

2018 ◽  
Vol 19 (3) ◽  
pp. 444-460 ◽  
Author(s):  
Jiyeoun Song
Keyword(s):  
Labor Market ◽  
Young People ◽  
Management Practices ◽  
Economic Recession ◽  
Youth Employment ◽  
Labor Management ◽  
Asset Bubble ◽  
The Government ◽  
Capital Development ◽  
Policy Target

AbstractJapan's labor market has been under severe strain over the past few decades, driven by its protracted economic recession, a series of labor market reforms, and changing labor management practices. Confronting these new challenges, an increasing number of young people have had extreme difficulties in searching for decent and stable jobs in the labor market, trapped in the vicious cycle of precarious employment. This paper examines the deterioration of employment and labor market conditions for Japan's youth after the collapse of the asset bubble in the early 1990s and the government's policy efforts to address these concerns, especially since the early 2000s, a period during which it has initiated a wide array of youth employment and labor market policies. In particular, it analyzes variations in policy target group and goal across different measures and evaluates the effectiveness and limitations of these programs in dealing with youth problems in the labor market. This paper argues that while the government has promoted various policy tools to help young people become economically and socially independent individuals, it has gradually shifted its policy focus toward human capital development for growth and industrial competitiveness as a way of revitalizing Japan's troubling economy.

Labor Demand in Tunisia

2018 ◽  
Author(s):  
Sofiane Ghali ◽  
Habib Zitouna
Keyword(s):  
Labor Market ◽  
Young People ◽  
Private Sector ◽  
Firm Size ◽  
New Technologies ◽  
Industrial Structure ◽  
Labor Demand ◽  
Highly Educated ◽  
Enterprise Surveys

This chapter explores the employment performance and capacities of the Tunisian private sector. The analysis relies mainly on data from the annual enterprise surveys and on the TLMPS 2014 data. The size and the structure of the Tunisian labor market are analyzed, showing that the creation of more jobs requires the private sector to invest more, especially in new technologies. The private sector must increase its share in the economy and improve its competitiveness internationally. The intra- and inter-sectoral allocation of employment and variation of labor productivity are described, analyzing the capacity of the economy to improve the quality of labor demand and absorb highly educated young people. The link between firm size and labor demand is also analyzed, showing the need for a new industrial structure with a bigger share of larger and more dynamic enterprises.

Escape from parents' basement? Post COVID-19 scenarios for the future of youth employment in Italy

2021 ◽  
pp. 51-71
Author(s):  
Giulia Parola
Keyword(s):  
Labor Market ◽  
Driving Forces ◽  
Negative Impact ◽  
Labor Demand ◽  
Academic Community ◽  
Scenario Development ◽  
The Future ◽  
State Of The Economy ◽  
Skills Mismatch ◽  
The Government

As one of the worst-affected European countries by COVID-19 experiences a slow return to normality, all eyes are on what lies ahead. The labor market implications generated by weeks of drastic lockdown might be far-reaching, and uncertainty about the future of jobs in Italy increases. In this time of significant changes, fleshing out a range of possible future developments could help mitigate part of the uncertainty by guiding decisions at an institutional level. This research employs an intuitive logics approach (IL) to scenario development, which is particularly suited to support decision-making (Kosow and Gaßner, 2008) by deriving the implications of different courses of action. Following the IL method, this study appoints 17 experts to qualify the driving forces of youth employoment in Italy according to their level of uncertainty and impact. The results of this paper are four plausible scenarios derived from the intersection of the two highly uncertain and impactful driving forces most likely to be affected by COVID-19: the state of the economy and a skills mismatch between labor demand and supply. Although all four scenarios foresee a negative impact of the crisis on the labor market, this work shows how the government, its agencies, and supranational institutions might mitigate adverse effects by designing and implementing youth skills interventions. This research contributes to the efforts of the academic community in response to the current emergency by improving our understanding of policy options in the Italian labor market context.

Implications of higher retirement age for the labor market

2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Demand ◽  
Retirement Age ◽  
Demographic Trends ◽  
Men And Women ◽  
Demographic Projections ◽  
The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

BASIC LITERACY SKILLS THROUGH THE SCHOOL LITERACY MOVEMENT (GLS) AT SDN 6 PEKANBARU

2020 ◽  
Vol 4 (3) ◽  
pp. 499
Author(s):  
Dewi Dewi ◽  
Zariul Antosa
Keyword(s):  
Qualitative Research ◽  
Literacy Skills ◽  
Daily Activities ◽  
Good Level ◽  
Vocabulary Comprehension ◽  
Comprehension Ability ◽  
Teachers And Students ◽  
Research Findings ◽  
Literacy Ability ◽  
The Government

The School Literacy Movement (GLS) is a policy issued by the government to overcome the problem of education and improve the basic literacy abilities of students. SDN 6 Pekanbaru is one of the schools that has implemented GLS at the familiarization stage well. Therefore, this study aims to determine the basic literacy skills of students in low classes through the implementation of GLS in SDN 6 Pekanbaru. This study used qualitative research conducted through observation and interviews about the implementation of GLS and students’ basic literacy skills with teachers and students in classes I and II. The results showed that GLS was able to improve the phonetic abilities of students by achieving a very good level of the ability to read and pronounce combinations of letters. The increase of students' vocabulary comprehension ability was seen where most students were able to know the meaning of words and retell the contents of books with theme daily activities. From the research findings, it was concluded that GLS improved the basic literacy ability of low-class students at SDN 6 Pekanbaru.

PERCEPTIONS OF SOUTH AFRICAN YOUTH OF LEADERSHIP DEVELOPMENT PROGRAMMES: A CASE IN THE LEPELLE-NKUMPI MUNICIPAL AREA

2016 ◽  
Vol 12 (2) ◽  
pp. 77-89
Author(s):  
Matshidiso Kanjere
Keyword(s):  
Leadership Development ◽  
Young People ◽  
South African ◽  
Rural Areas ◽  
Research Approach ◽  
Practical Applications ◽  
South Africans ◽  
African Youth ◽  
Multiple Challenges ◽  
The Government

The South African youth faces multiple challenges that range from illiteracy, drug and alcohol abuse, crime and HIV/AIDS, to unemployment. These challenges and many other ills in society have led to interventions by government, and private and other civil societies. The government has established and initiated a number of programmes that aim at building capacity and helping the youth to cope with these multiple challenges. Some of the programmes are aimed at building leadership capacity among the impoverished youth in rural communities. A lot of money is being invested in these programmes, which are meant to develop young South Africans. However, there are some young people who do not participate in these programmes. They are also not in the formal education system, self-employed or employed elsewhere. And they are despondent. The government, private sector and non-governmental organisations are trying hard to bring these youths and others into the developmental arena, so that they can be active participants in the economy of the country in the near future. However, little research has been conducted to assess the broad impact of the various programmes in the country. The contribution that these programmes are making toward improving the livelihoods of young people has to be determined on a larger scale. Nevertheless, this article reports on an investigation that was conducted on a smaller scale, at the Lepelle-Nkumpi Local Municipality. The aim of the research was to explore the perceptions young South Africans have of the leadership development programmes that they have participated in. A mixed research approach was used to collect data and the key findings indicated that knowledge accumulated through participation in the programmes does not always translate into practical applications. However, the programmes were deemed to be valuable in instilling a positive life-view. The study recommends that support systems be established in the rural areas to assist young people with life challenges.

Determinants of Trading Decision: An Experiential Examination

GIS Business ◽  
2018 ◽  
Vol 13 (1) ◽  
pp. 1-9
Author(s):  
Gunjan Sharma ◽  
Tarika Singh ◽  
Suvijna Awasthi
Keyword(s):  
Stock Market ◽  
Capital Markets ◽  
Capital Market ◽  
Capital Mobility ◽  
Influential Factors ◽  
Herd Behavior ◽  
Human Beings ◽  
The Past ◽  
The Government ◽  
Indian Stock Market

In the midst of increasing globalization, the past two decades have observed huge inflow of outside capital in the shape of direct and portfolio investment. The increase in capital mobility is due to contact between the different economies across the globe. The growing liberalization in the capital market leads to the growth of various financial products and services. Over the past decade, the Indian capital market has witnessed numerous changes in the direction of developing the capital markets more robust. With the growing Indian economy, the larger inflow of funds has been fetched into the capital markets. The government is continuously working on investor’s education in order to increase retail participation in the Indian stock market. The habits of the risk-averse middle class have been changing where these investors started participating in the Indian stock market. It is an explored fact that human beings are irrational and considering this fact becomes imperative to investigate factors that influence the trading decisions. In this research, ‘an attempt has been made to investigate various factors that affect the individual trading decision’. The data has been collected from various stockbroking firms and from clients of those stockbroking firms their opinions were recorded by means of a questionnaire. Data collected through the structured questionnaire, 33 questions were prepared which was given to the 330 respondents on the basis of convenience sampling out of which 220 individuals filled questionnaire, the total of 200 questionnaires was included in the study after eliminating the incomplete questionnaire. Various factors are being explored from the literature and then with the help of factor analysis some of the most influential factors have been explored. Factors like overconfidence, optimism, cognitive bias, herd behavior, advisory effect, and idealism are the factors which influenced the trading decision of the investors the most. Such kind of a study is contributing in the area of behavioral finance as a trading decision is an important aspect while investing in the stock market. And this kind of study would be helping and assisting financial advisors to strategies for their clients in making the right allocation and also the policy maker and market regulators to come up with better reforms for the Indian stock markets.

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