Key Solutions to High Unemployment Among Young Graduates in Nigeria

Wondering how to get a job without having previous work experience? As a young job seeker, you can understand the chicken and egg problem; you need a job to get experience, but you also need experience to get a job, right?

I know you can agree with me that the joy of going to school, of spending all that time, money and effort to get a degree, is to do something good with it. Imagine the joy of finally being able to land a paid internship that could lead to a real job offer.

Read on to find out how to get a paid internship with a potential job offer for recent graduates.

The root cause of unemployment in Nigeria

Nigeria’s fragile economic situation has contributed greatly to worsening unemployment in the country. For example, the latest data from the National Bureau of Statistics (NBS) shows that the country’s unemployment rate has risen from 27.1% to 33%. Worse still, this figure currently places Nigeria second in the world for unemployment.

The same NBS data also confirms that 60% of Nigeria’s working age population is under the age of 34. I suspect some of you reading this might fit this age description and will be desperately looking for a way out. I understand! We’ve all been there.

Internship: an attempt to resolve the “no experience, no job” dilemma

Have you heard that a survey by The Ladder found that over 61% of entry-level jobs require over 3 years of experience? This is why internships are the way to go to solve the challenge of no experience and no jobs for fresh graduates.

However, the current system has been exploited by some companies where interns are constantly being given clerical duties that do not correspond to relevant work experience for interns.

In fact, there are many cases where unemployed graduates are asked to pay the hiring company for an “internship” opportunity only to end up with no benefits to advance their careers.

There are other cases where interns are not assigned to the tasks listed in their job description, but instead have to run errands such as buying food, making photocopies, and doing other mundane and unproductive work. This certainly leaves interns largely unproductive, with plenty of free time to watch movies and do other distracting activities.

A more methodological approach to the internship that works

Paid Internship is the answer to getting internships that give you the opportunity to gain relevant work experience and they also give you a better chance of being offered a good job at the end of the internship. Don’t just take my word for it, check out these credible stats below:

A study by the National Association of Colleges and Employers (NACE) shows that 60% of the time, college graduates who complete paid internships often end up receiving job offers. The same survey also confirms that the reason for the gap between the results of young job seekers who went through a paid internship compared to those who did unpaid internships is that paid interns spend 42% of their time on tasks that give them more practical experience. instead of doing simple office work. You can agree with me that the paid internship method works better: interns are paid, the company gives them more productive tasks that help them gain real work experience. As a result, interns gain meaningful work experience, are mentored, and employers eventually see good reason to retain them.

How to get paid internships: real work experience and a real job offer afterwards

As a young graduate with great potential and so much drive, we know you have a strong desire to find a company where you can learn while doing meaningful work and get paid while working (it’s the icing on the cake !).

It is now clear that a paid internship is a better way to get a job without experience. Paid internships will certainly offer the opportunity to:

  • receive financial compensation
  • gain valuable work experience
  • develop and refine your skills
  • try a career transition (if you wish)
  • create a professional network

Now, let us tell you about the internship program that can provide you with the above opportunities and more.

The Youth Enterprise (YOE) Internship Program is an internship program designed by EnterpriseNGR Professional Advocacy Group Ltd/Gte to help ambitious young graduates land paid internships that could lead to job offers. As an advocacy group focused on promoting the financial and professional services sector in Nigeria, we have designed this program specifically to help young graduates navigate the dilemma of no experience or employment.

To achieve this, EnterpriseNGR partners with its members (leading organizations in various sectors of Nigerian enterprise) to provide internship opportunities for young Nigerian graduates. Through the YOE program, interns will receive employment readiness training (free) to help them get hired after an internship in the companies assigned to them; interns will also receive a monthly salary while they work and learn.

The YOE Internship Program also offers excellent opportunities for growth at every stage of the professional journey, from registering with YOE, through assessment tests and obtaining an internship in one of our main organizations. The program is packed with insightful experiences that will prepare you for real life. Your professional journey starts now! Go all the way and build the life of your dreams with a #GreenStart from YOE.

We have opened the door to opportunities for your career, You only have to register HERE to enter directly into the YOE Internship Program.

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