YOUTH ON EMPLOYMENT AND JOB CREATION IN AFRICAN COUNTRIES: OPPORTUNITIES, CHALLENGES, CHARACTERISTICS DETERMINANTS AND PERFORMANCE OF SELF-EMPLOYMENT AMONG THE YOUTH IN AFRICAN COUNTRIES
Abstract
This paper represents the self-employment among young people in Uganda and we want to understand the qualities, reasons, difficulties, and how it is done. The researchers used information from a survey called the school-to-work transition survey that was done by the Uganda Bureau of Statistics in 2015. In the study, they used two different ways to analyze the information: descriptive statistics and double and multivariate probity models. The results showed that a lot of young people in Uganda work for themselves. In addition, it was found out that many of these young people were very poor and only had a basic education or less. The study found certain factors that influence young people's decision to work for themselves. These factors that influenced something were age, how many children a person has, how much money they have, how educated they are, how much they want to earn more money, and if they can have flexible work hours. The study showed that most young entrepreneurs used their own money or money from their families to start their businesses instead of getting loans from banks. The study also pointed out the difficulties experienced by young people who work for themselves. The biggest problems people talked about were not having enough money, and having to compete with others in the market. These problems made it really hard for young business owners. The study found that being self-employed did not always result in making a lot of money for young people in Uganda. About 2029% of young people who work for themselves did not make money from their own businesses. Additionally, a large percentage (78. 83%) of young individuals who work for themselves were living in poverty. This information tells us about the situation of young people who are self- employed in Uganda. It shows that they face difficulties and need specific help to improve their chances of success in the economy.
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