SOCIO-ECONOMIC AND PSYCHOLOGICAL EFFECTS OF UNEMPLOYMENT ON YOUTH’S LIVELIHOOD: THE CASE OF ADDIS ABABA KOLEFE KERANYO SUB CITY, WOREDA 02

Abstract

This study explores socio-economics and psychological effects of unemployment on youth’s livelihood and to achieve the objective of this study. The study focused on youth’s livelihood who are affected by unemployment. The collecting method of data is interview and collecting information from participants by distributing questionnaires. the respondents are chosen from the sample of unemployment population from Kolefe Keranyo sub city in worda 02. There are 140 sampled respondents out of the total population and ten of them are key informants. Questionnaires distributed for 130 sampled respondents who were lived in Kolefe Keranyo sub city worda 02, out of 130 questionnaires, 110 (85%) questionnaires were returned. The data were presenting; background information of the respondent, cause, effect and how to solve the problem of unemployment. Overall, unemployment is the worldwide problem and in this study unemployment affects the youth’s livelihood in social, psychological and economic aspects. It is also affects the society in different aspects.