The effect of population growth on unemployment youth in Somalia

The primary aim of this study was to investigate the impact of population growth on unemployment in Somalia. Specific objectives included examining the effects of population growth, gross domestic product, and inflation on unemployment. The research adopted an empirical research design to establi...

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Main Authors: Mohamud, Yasmin Abdullahi, Marof, Aini Azeqa, Mohamed, Abdullahi Mohamud, Gure, Mohamed Mohamud
Format: Article
Published: Human Resource Management Academic Research Society 2023
Online Access:http://psasir.upm.edu.my/id/eprint/109259/
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author Mohamud, Yasmin Abdullahi
Marof, Aini Azeqa
Mohamed, Abdullahi Mohamud
Gure, Mohamed Mohamud
author_facet Mohamud, Yasmin Abdullahi
Marof, Aini Azeqa
Mohamed, Abdullahi Mohamud
Gure, Mohamed Mohamud
author_sort Mohamud, Yasmin Abdullahi
building UPM Institutional Repository
collection Online Access
description The primary aim of this study was to investigate the impact of population growth on unemployment in Somalia. Specific objectives included examining the effects of population growth, gross domestic product, and inflation on unemployment. The research adopted an empirical research design to establish empirical connections between these variables and the unemployment rate in Somalia. The Ordinary Least Squares (OLS) technique was used to calculate numerical estimates of coefficients in the econometric equation, as it is known for its simplicity and possession of the Best Linear Unbiased Estimator (BLUE) properties. The conduct the research, annual time-series data from the World Bank database and International Monetary Fund for the period 1985-2019 were utilized. The relationships between the independent variables (population growth, gross domestic product, and inflation) and the dependent variable (unemployment) were established using Ordinary Least-Squares (OLS) regression. The economic software EVIEWS was employed to estimate the values of the impact of population growth on unemployment. The findings of the study indicated that the inflation coefficient suggested that a $1 increase in inflation led to a 53% increase in unemployment. Additionally, all other variables showed a positive relationship with unemployment. Thus, the null hypothesis was accepted, signifying that inflation has a significant influence on unemployment.
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spelling upm-1092592024-08-22T01:59:58Z http://psasir.upm.edu.my/id/eprint/109259/ The effect of population growth on unemployment youth in Somalia Mohamud, Yasmin Abdullahi Marof, Aini Azeqa Mohamed, Abdullahi Mohamud Gure, Mohamed Mohamud The primary aim of this study was to investigate the impact of population growth on unemployment in Somalia. Specific objectives included examining the effects of population growth, gross domestic product, and inflation on unemployment. The research adopted an empirical research design to establish empirical connections between these variables and the unemployment rate in Somalia. The Ordinary Least Squares (OLS) technique was used to calculate numerical estimates of coefficients in the econometric equation, as it is known for its simplicity and possession of the Best Linear Unbiased Estimator (BLUE) properties. The conduct the research, annual time-series data from the World Bank database and International Monetary Fund for the period 1985-2019 were utilized. The relationships between the independent variables (population growth, gross domestic product, and inflation) and the dependent variable (unemployment) were established using Ordinary Least-Squares (OLS) regression. The economic software EVIEWS was employed to estimate the values of the impact of population growth on unemployment. The findings of the study indicated that the inflation coefficient suggested that a $1 increase in inflation led to a 53% increase in unemployment. Additionally, all other variables showed a positive relationship with unemployment. Thus, the null hypothesis was accepted, signifying that inflation has a significant influence on unemployment. Human Resource Management Academic Research Society 2023-12-09 Article PeerReviewed Mohamud, Yasmin Abdullahi and Marof, Aini Azeqa and Mohamed, Abdullahi Mohamud and Gure, Mohamed Mohamud (2023) The effect of population growth on unemployment youth in Somalia. International Journal of Academic Research in Business and Social Sciences, 13 (17). pp. 149-155. ISSN 2222-6990 https://hrmars.com/index.php/IJARBSS/article/view/19826/The-Effect-of-Population-Growth-on-Unemployment-Youth-in-Somalia 10.6007/ijarbss/v13-i17/19826
spellingShingle Mohamud, Yasmin Abdullahi
Marof, Aini Azeqa
Mohamed, Abdullahi Mohamud
Gure, Mohamed Mohamud
The effect of population growth on unemployment youth in Somalia
title The effect of population growth on unemployment youth in Somalia
title_full The effect of population growth on unemployment youth in Somalia
title_fullStr The effect of population growth on unemployment youth in Somalia
title_full_unstemmed The effect of population growth on unemployment youth in Somalia
title_short The effect of population growth on unemployment youth in Somalia
title_sort effect of population growth on unemployment youth in somalia
url http://psasir.upm.edu.my/id/eprint/109259/
http://psasir.upm.edu.my/id/eprint/109259/
http://psasir.upm.edu.my/id/eprint/109259/