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Surviving High Unemployment Rate in 2019

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First Generation Unemployment
  • Surviving High Unemployment Rate in 2019

The year 2018 is coming to an end and there is nothing anyone can do about it, however, we can take a moment to reflect on series of events that defines us throughout the year and make necessary adjustments going into the new year.

As a nation, Nigeria is not going to reduce her 23.1 per cent unemployment rate in a year or two. Does that mean the unemployed have to put their lives on hold or continue to manage that low paying job?

The National Bureau of Statistics put the total number of underemployed people at 18.2 million in the third quarter of 2018, up from 18 million a year ago. Meaning, waiting for that desired job might take forever and if there is any opening at all be ready to compete with 39.1 million (total number of unemployed and underemployed) people looking to change their situation.

The question is why spending 5 to 8 years looking and praying for that desired job when you could have learnt a skill or two and start building that desired company? Nigeria’s current situation has no respect for graduates. According to NBS, 8.8 million of the 20.9 million unemployed Nigerians were first-time job seekers while the larger part of the remaining number were those that lost their jobs due to harsh economic condition. Again, zero job security after years of waiting and praying.

Start-ups is not just a permanent solution to never-ending job problems but also a national responsibility to reduce the high unemployment rate and enhance economic productivity as stated by the Vice President, Pro. Yemi Osinbajo, during the national VP debate.

Strategies to Survive High Unemployment Rate in 2019

Pick up a New Skill

It doesn’t matter how broke, busy or limited you are, learn a new skill in 2019. Join one of the numerous free online classes like World Quant University where students are taught data analysis for absolutely free and awarded a diploma certificate after 8 weeks. With the skill, you can become a data analyst and work as a freelancer for companies on Fiverr, Upwork and numbers of other websites. Also, you can start consulting for local companies and provide unique insights from their huge data.

A lot of people are stuck in their current situation, not because of limited opportunities but their inability to identify one amid life’s chaos. Often than not, we think we need millions to get started in life, whereas all we need to confront life’s challenges are what today armed us with and genuine efforts.

A lot of people are stuck in their current situation, not because of limited opportunities but their inability to identify one amid life’s chaos.

It doesn’t matter what skill you are planning to acquire, just ensure its a relevant skill with demand, online or offline.

Network With Like Minds

Starting a new business or learning a new skill with limited resources can be challenging but having the right people around you can help ease things and improve your chances. Startups generally struggle with sales at early stage so having people that trust you can help drive and sustain sales at the beginning.

The importance of networking can not be emphasised enough, especially in an economy like Nigeria. Talk to people that share the same aspiration like yourself and those that have done what you are trying to achieve, however, note that having a valuable network means you have to bring value to the table, its usually ‘trade by barter’.

Attend startups events, join professional social media group and write knowledgeably about your industry to establish your expertise. People like Richard Branson has proven that blogging can really boost sales and enhance brand penetration.

Use Social Media to Market Yourself

The advent of social media has changed the way managers approach marketing, in fact, most startups sell more online using their profile than offline where they lack a similar presence. The idea is to create familiarity and establish trust by speaking more about what you do and how businesses, people and friends can benefit from it.

According to Erik Qualman, we don’t have a choice on whether we DO social media, the question is HOW WELL WE DO IT.

Be professional, consistent and concise in every post.

Gaining attention on social media can translate to a job and boost revenue if the right strategy is adopted. It is good to note that you don’t need to have a tangible product, you can sell information and offer a service depending on your field.

Compliment of the season.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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ARISE News Channel Goes Global: Launches in Nine Southern African Countries

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Arise News

ARISE News Channel, a prominent Nigerian cable news network, has reached another significant milestone in its journey to become a global media powerhouse.

The channel has officially gone live in nine Southern African countries, including South Africa, Angola, and Botswana.

This expansion was made possible through a partnership with Multichoice/DSTV, with ARISE News Channel now available on Channel 416.

Alongside South Africa, Angola, and Botswana, the channel is now accessible to viewers in Lesotho, Malawi, Mozambique, Namibia, Swaziland, Zambia, and Zimbabwe.

In a statement released by the Chief of Staff to Chairman/Editor-in-Chief of ARISE News Channel, Fauziya Ali Mohammed, it was revealed that the channel’s presence now spans 54 African countries.

Mohammed explained that ARISE News Channel is committed to delivering high-quality news coverage across the continent, showcasing various facets of African life, including business, politics, technology, commerce, science, sports, show business, and fashion.

ARISE News Channel, which celebrated its 11th anniversary earlier this year, has earned acclaim for its Emmy-winning programming.

It has become a leading broadcaster in Africa, offering audiences a diverse range of content while projecting the best of Africa’s culture and people to the world.

Chairman/Editor-in-Chief of ARISE News Channel, Nduka Obaigbena, expressed his excitement about the channel’s expansion into Southern Africa, emphasizing its commitment to promoting African narratives globally.

Obaigbena highlighted ARISE News Channel’s dedication to showcasing the continent’s potential and celebrating its achievements on the global stage.

The channel operates around the clock from studios located in Lagos, Abuja, Johannesburg, Cape Town, London, and New York.

Its coverage extends beyond traditional broadcasting platforms, reaching viewers across Europe, North Africa, the Middle East, and the United States through various channels and streaming services.

With its latest expansion into Southern Africa, ARISE News Channel continues to solidify its position as a leading voice in African media, shaping narratives and fostering dialogue on issues of regional and global significance.

As the channel continues to grow its global footprint, it remains dedicated to providing audiences with insightful and impactful journalism that reflects the dynamism and diversity of the African continent.

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Air Peace Flight Delayed, Passengers Stranded After Failed Promise of Hotel Stay

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Passengers aboard an Air Peace flight from Abuja to Owerri found themselves in a state of disarray and frustration after a series of delays and unmet promises left them stranded without accommodations.

What was supposed to be a routine flight scheduled to depart Abuja at 4:30 PM and arrive in Owerri at 5:30 PM turned into a nightmare as the flight was delayed until 6:18 PM due to a reported lack of a pilot.

However, midway through the journey, passengers were informed that the flight couldn’t proceed to Owerri because the airport there would close by 6:40 PM.

The flight was forced to return to Abuja, where passengers endured further uncertainty as they waited for over 20 minutes to receive any communication from the airline. Eventually, they were informed of plans to provide a bus to transport them to a hotel for accommodation.

However, this promise was not fulfilled, leaving passengers stranded and scattered around the airport.

One passenger, who had already experienced delays with another airline earlier in the day, expressed frustration at the lack of accountability and protection for travelers.

The incident highlights the ongoing challenges faced by passengers in Nigeria’s domestic aviation sector and raises questions about the adequacy of regulations to safeguard passengers’ rights.

Attempts to reach Air Peace for comment on the situation were unsuccessful at the time of reporting.

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Travel

Emirates Halts Check-Ins Amid Severe Weather Disruption

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Emirates Airline

Emirates, the largest international airline, has taken the unprecedented step of halting all passenger check-ins for the day.

The move comes as the emirate grapples with severe weather disturbances, including heavy rainfall and storms, leading to widespread travel chaos in one of the world’s busiest aviation hubs.

The airline announced that check-ins for all passengers would be suspended from 8 am local time until midnight, as the adverse weather conditions continue to wreak havoc on travel plans.

Despite the disruption, Emirates assured that transit passengers would still be allowed to proceed to their connecting flights.

Dubai, known for its modern infrastructure and bustling aviation industry, has been brought to a standstill by the relentless rainfall and storms.

The inclement weather has resulted in delayed or diverted flights, leaving travelers stranded and adding to the existing challenges posed by the ongoing global pandemic.

Emirates has pledged to exert all efforts to restore its scheduled operations and provide support to affected customers amidst the chaos.

However, the extent of the disruption caused by the adverse weather conditions underscores the resilience and adaptability required to navigate unforeseen challenges in the aviation sector.

As the situation unfolds, authorities and airline personnel are working tirelessly to mitigate the impact of the severe weather on travel operations and ensure the safety and well-being of passengers.

Despite the temporary setback, Emirates remains committed to maintaining the highest standards of service excellence and operational efficiency, even in the face of unprecedented challenges posed by Mother Nature.

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