It’s estimated that more than 40,000 young people graduate from Ugandan universities each year according to the guardian although the daily monitor puts the figure at 400,000. A report published by the New Vision revealed that 62% of Uganda’s youth are jobless.
The challenge of unemployment isn’t just a Ugandan problem. It’s an African problem.
To have 62% of the youth who can work jobless is to mean that we can no longer add value to the economy. It’s to believe that all human needs are fulfilled and that there are no more problems to be solved and therefore need of skills to solve them.
That’s of course very unlikely especially here in Africa.
On this Facebook page I just created called “Startup school Uganda”, I’ve written a post( http://on.fb.me/1G3FhNE) explaining why the problem isn’t the saturation of the job market, but an information void in the skills marketplace that artificially creates a disconnect between the demand and supply side of the job marketplace.
I’ve written how different innovations have approached the problem such as newspaper jobs listings, Linkedin and TaskRabbit. To me this is a big problem that startups should start thinking about solving with Technology.