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Impact of Education on Unemployment Rate in Africa - Richard Rayne

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Sinopsis

The importance of education in the modern world is increasing as the most serious factor in the formation of a new quality of economy and society in common. Its role is constantly growing along with the growing influence of human capital.Some people argue that education is the answer to some of the big current problems the SA. Want to fix the unemployment problem? That's easy: just provide additional educational opportunities for those having difficulty finding jobs. Want to lessen income inequality? That's easy too: if more people have college degrees, they'll qualify for higher wage work. While these arguments appear to make sense, looking at the data over the past several decades provides the opposite answer: more education would solve neither problem.--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app