Highly educated Mexicans face harsh unemployment rate
University students can spend over two years looking for their first job - Photo: File Photo/EL UNIVERSAL

Highly educated Mexicans face harsh unemployment rate

15/08/2019
09:25
Mexico City
Editorial
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In 2019, the number of unemployed people increased to 2 million people

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Young people feel frustrated when they find themselves unemployed after finishing their education. Studying university for four or five years and then becoming unemployed for two years before they can find their first job is not a fulfilling experience.

Entering and cementing themselves in the work market does not ensure that they will obtain permanent stability. In Mexico, in the last months, unemployment rates have increased and those who have been affected the most are those with higher education levels.

According to the INEGI, during the second trimester of 2019, the number of unemployed people increased to 2 million people, the highest number registered since 2016. From the total, 47% of them studied high school or university.

For experts, this is because the jobs that are being created do not require specialized knowledge or work experience. Therefore, the educated sector is having a hard time finding a job, they are overqualified.

One of the keys to eradicating this problem lies within local governments, which should promote their economies. Moreover, the states that register high social backwardness levels and low industrialization levels also registered then the highest number of educated people who are unemployed: Puebla, 62%; Guerrero and Chiapas, 58%; Veracruz, 55%, and Campeche, 54%. Once again, the highest poverty levels and negative growth rates are registered in southern Mexico. It has been confirmed that the country is moving at two different rates: one region is moving towards modernity and development while the south is moving backward.

Mexico needs to generate jobs for everyone and it probably has the capacity to carry out this task, but they haven't been properly distributed. The coordination between companies, education institutions, and governments is essential to identify the jobs economy demands. Another option is to opt for technical education; in some regions in the country, it could be the most sound option.

If the government, the industry, and education institutions work together to create jobs, the development of the country could be more uniform and eradicate the disappointing reality university students are facing.
 

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