Assessing the Socio-Economic Challenges of Unemployment in Waliso Town; Oromia National Regional State, Ethiopia

Abstract

Unemployment is a macroeconomic problem that affects people most directly and severely. Young people are more vulnerable to unemployment than Adults due to different factors. The aim of this thesis was to Assess the Socio-Economic Challenges of Unemployment in Waliso Town; Oromia National Regional State, Ethiopia. To realize this, qualitative methods were implemented. Data have been collected through interview, focus group discussion, observation and document analysis. Using non probability sampling techniques, 33 females and 30 male participants were involved in the study. Data was categorized and analyzed based on their similarity in relation to the question provided in the study. Thus, the result of the study reveals that the major challenges of un employments in the study area was limited job opportunities, limited access to financial resources, misguided educational policy, corruption, job preferences, and lack of work experience was another challenges of unemployment in the study area The study recommended that Expanding manufacturing and industry sector, Changes in the Education system at national level, Assistance on Self-employment, Introduction of new governmental measures initiatives. finally forwarding for further study on the issue was recommended.