Unemployment

High- level initiatives for unemployment

Unfortunately, there were only twenty open positions.

“Minimal labour jobs. Dishwashers, waiters, waitresses.

He added, “We had seven hundred degree holders, apply to become teachers at the University of Goroka. We’ve recently had the Lae Biscuit Company shut down for two weeks because it can’t sell its products.

Nomane said Papua New Guinea has a youth bulge issue in the country that the government must take note of.

“There’s too many young people without any prospects or opportunity for employment in the country.”

Unemployment causing law and order issues

Town mayor, Peter Yalsy said youths when employed would keep them busy and out of trouble.

He was responding to the increasing law and order issues in the province. 

Yalsy said in other centres where there are factories, farms, poultries, and big companies operating there is less trouble because the people are busy working to earn their living. 

He said in Madang, there are many companies but they are not recruiting many young people to work that is why youths are roaming the streets and involving themselves in unlawful activities.

Party aims to create more local jobs

Highlighted in the party’s policies is addressing unemployment and creating more jobs by setting up down-stream processing of PNG resources.

And also by converting machine dependent activities into labour based.

Party leader Powes Parkop said he tried in the nation’s capital but was not successful due to no economies to scale.

“It will succeed if we do it nationwide and if the change is structurally done,” stated the NCD Governor.

VIDEO: Addressing unemployment

Social Democratic Party's policies on addressing unemployment by creating more local jobs will either make or break the party and its endorsed candidates. 

 

Caroline Ure reports 

US unemployment falls to 7-year low, but wages are flat

The figures released Thursday capture the persistently uneven nature of the recovery from the Great Recession.

The job market "remains consistent with a two-steps-forward, one-step-back expansion the U.S. economy finds itself in," said Scott Andersen, chief economist at Bank of the West.

The economy gained 223,000 jobs last month, and unemployment edged down from 5.5 percent in May, the Labor Department reported.