An Assessment of Coping Mechanism for Reducing Unemployment Syndrome among Graduates in Nigeria

Authors

  • Bayode Olusanya Babatunde Osun State University
  • Bayo Liafeez Oyero Kazeem Osun State University
  • Omoshalewa Maryam Fetuga Fountain University

Keywords:

Keywords: Unemployment syndrome, coping mechanism, individual commitment and Government intervention.

Abstract

Abstract: This study was conducted to access the impact of coping mechanism on unemployment syndrome reduction among the graduate youths in Osun state, Nigeria. Survey method was used in this study and purposive sampling technique was adopted to collect data through administration of questionnaire. Two set of groups were involved.  Four hundred and seven copies of questionnaire were administered on graduate benefiaries of N power in Osun State and 60 copies of questionnaire were also administered on the supervisors in each of the 30 local government areas of Osun State. (2 per local government). Linear Regression analysis was used to achieve the formulated hypotheses and objectives. The findings showed that Hypothesis 1 R2= 0.620, sig= 0.000, p < 0.05), for Hypothesis 2 (R2=0.455, sig =0.000, p < 0.05). The study established that individual commitment, self assiduous, focus and goal oriented are keen to self sustainability in this current situation in Nigeria today. The study concluded that individual determination (individual commitment, Focus, goal oriented and self assiduous) as coping mechanisms have significant impact on unemployment syndrome reduction among graduates in Osun State. Therefore, the study recommended that government should intervene and practically involve in the activities of the beneficiaries of any fund release to reduce unemployment in this era of ongoing COVID 19 pandemic in Nigeria to reduce economic wastage of fund.

 

 

Author Biographies

Bayode Olusanya Babatunde, Osun State University

Department Of Business Administration, Faculty of Management Sciences

Bayo Liafeez Oyero Kazeem, Osun State University

Department Of Banking and Finance, Faculty of Management Sciences

Omoshalewa Maryam Fetuga, Fountain University

Department of Business Administration, College of Management and Social Sciences

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Published

2021-10-26

How to Cite

Babatunde, B. O., Oyero Kazeem, B. L., & Fetuga, O. M. (2021). An Assessment of Coping Mechanism for Reducing Unemployment Syndrome among Graduates in Nigeria: Array. Acta Universitatis Danubius. Œconomica, 17(6). Retrieved from https://dj.univ-danubius.ro/index.php/AUDOE/article/view/1392

Issue

Section

Business Administration and Business Economics