Read the following passage about the Youth unemployment and mark the letter A, B, C or D on your answer sheet to indicate the best answer to each of the following questions.
[I] Youth unemployment has become a pressing issue in Vietnam in recent years, particularly among graduates. [II] As the economy continues to grow, the influx of young people entering the workforce has outpaced the availability of suitable jobs. [III] Various factors contribute to this challenge, leading to significant consequences for both the economy and society. [IV]
Many factors push young people into unemployment. For instance, a mismatch between education and job market demands often leaves graduates without the skills that employers require. Furthermore, the competitive job market means that even qualified candidates struggle to secure positions. In contrast, there are opportunities that attract youth to urban centers, where industries are more concentrated, providing potential access to better employment prospects and a higher standard of living.
The impacts of youth unemployment are far-reaching. First, high unemployment rates can lead to increased poverty levels among young adults, which in turn affects their overall well-being and mental health. Additionally, the lack of stable jobs can result in social unrest, as frustrated youth may engage in protests or other forms of activism. Finally, this phenomenon can lead to a brain drain, where skilled young people migrate abroad in search of better opportunities, further depleting the local talent pool.
Addressing youth unemployment is a complex challenge that requires a comprehensive understanding of its causes and effects. By implementing effective educational programs, fostering entrepreneurship, and encouraging job creation in various sectors, Vietnam can better support its youth, providing them with opportunities for fulfilling careers and contributing to the economy without sacrificing social stability.
Which of the following best summarises paragraph 3?