Impact of Education on Unemployment Rates: A Comparative Analysis of BRICS Countries
Dr. Mahesh Bansiya Mahesh Bansiya
Paper Contents
Abstract
This research paper aims to investigate the impact of education on unemployment rates in BRICS countries. The study utilizes data on total, female, and male unemployment rates, comparing them with the levels of education across these nations. A thorough literature review is conducted to explore existing studies on the relationship between education and unemployment. The methodology involves analyzing data tables containing unemployment rates and educational levels over the period from 2011 to 2022. The findings indicate significant variations in unemployment rates among BRICS countries, with education playing a crucial role in mitigating unemployment. The paper concludes with suggestions for policymakers to address unemployment challenges through targeted educational interventions. This research paper aims to conduct a comparative analysis of unemployment trends across selected countries, namely Brazil, China, India, the Russian Federation, and South Africa, using data from 2011 to 2022. The objectives include examining the total unemployment rates, gender-specific unemployment rates, and unemployment rates among individuals with advanced education. A review of the literature provides context for understanding the factors influencing unemployment rates in each country. Results indicate notable variations in unemployment rates across countries and demographic groups. The interpretation highlights the implications of these findings and suggests potential policy interventions to address unemployment challenges.
Copyright
Copyright © 2024 Dr. Mahesh Bansiya. This is an open access article distributed under the Creative Commons Attribution License.