Unemployment is a global crisis and presents
particularly a difficult labor market experience for young people. In Africa
especially, unemployment and underemployment remain major obstacles to the full
utilization of human resources despite relatively strong growth in the region
over the last few years.
Youth in Kenya experience much higher
unemployment rates than the rest of the Kenyan population. According to the
World Bank, this is estimated to stand at 17.3 % compared to 6 % for both
Uganda and Tanzania. 75 % of new post-secondary graduates fail to secure jobs
in the highly competitive labor market. Employers cite lack of twenty-first
century skills as the main issue. Youth startups and social enterprises can be
a tool for empowerment, allowing youth to create jobs as well as solve real
social problems within their communities.