With 1 out of every 10 youths having gone beyond secondary school education and an average of 10 applications for every job opening, is it worthwhile to give 15,000 for every unemployed graduate? Me thinks yes if on condition that one must work as an intern. This will provide cheap labour to businesses and boost purchasing power leading to economic growth. Will there be inflation? Yes but over time it will reduce as more products are going to be created due to additional labour. Businesses will eventually afford more capital as a result of more sales revenue. As at now Kenyan business operate below optimum. What do you think?
Posted on: Mon, 29 Jul 2013 16:33:38 +0000
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