A STUDY ON BARRIERS TO THE SELF-EMPLOYMENT OF HOME ECONOMIC GRADUATES IN NIGERIA: WAY OUT

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RESEARCH INFORMATION

[icon type=”icon-pencil”]: A STUDY ON BARRIERS TO THE SELF-EMPLOYMENT OF HOME ECONOMIC GRADUATES IN NIGERIA: WAY OUT
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Keywords: A STUDY ON BARRIERS TO THE SELF-EMPLOYMENT OF HOME ECONOMIC GRADUATES IN NIGERIA: WAY OUT


RESEARCH BODY

ABSTRACT

The essence of this project was to identify the barriers to the self-employment of Home-Economic graduates in Nigeria and to suggest way out. This project is divided into five (5) chapters: Chapter one tells us about the meaning of Home Economics, careers in Home Economics, the importance of self-employment and the essence of the study. The second chapter introduces us to some of the contributions of the scholars who explained some of the barriers to self-employment and some of them proffer solutions. The third chapter discusses the method employed by the researcher using some data, instruments and techniques. In chapter four, the researcher showed various tables drawn and interpreted the data. And in the last chapter i.e (Chapter Five), he summarizes the ideas of the project, concluded that Home Economic graduates need to save a lot of money so as to invest the money to start off their own business. 

TABLE OF CONTENT

CHAPTER ONE

Introduction

Background of the Study

Statement of the Problem

Purpose / Significance of the Study

Research Question

Delimitation of the Study

Limitation

Definition of Terms

CHAPTER TWO

2.0       Literature Review

2.1       Important of Self Employment

2.2       Barriers to Self Employment

2.3       The Psychological Consequence of Unemployment

2.4       Effect of Unemployment on Individual and Family Consequence

CHAPTER THREE

3.1       Research Methodology

3.2       Research Design

3.3       Population of the Study

3.4       Sample and Sampling Techniques

3.5       Research Instrument

3.6       Reliability and Validity of the Instrument

3.7       Method of Data Collection

3.8       Method of Data Analysis

CHAPTER FOUR

4.0       Research Results and Findings

4.1       Presentation of Data and Interpretation

4.2       Presentation of Data and Interpretation

4.3       Presentation of Data and Interpretation

4.3       Data Analysis

CHAPTER FIVE

5.0       Summary, Conclusion and Recommendation

5.1       Summary of Findings

5.2       Conclusion

5.3       Recommendations

References

Appendix

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY

Unemployment is an economics condition marked by the fact that individuals actively seeking jobs remain unhire. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economic condition and other circumstances.

Unemployment in Nigeria is one of the most critical problems the country is facing. The years of corruption, civil war military rule, and mismanagement of resources have hindered economic growth of the country.

Nigeria is endowed with diverse and infinite resources, both human and materials. However, years of negligence and a verse policies have led to the under-utilized in order to yield maximum economic benefits. This is one of the primary causes of unemployment and poverty in Nigeria. (Boylan and Buchard, 2002)

Unemployment in Nigeria is a major problem both economically and socially. Unemployment in Nigeria has produced in more and more people who do not have purchasing power. Less consumption has led to power production and economic growth has been hampered.

Unemployed also has social consequences as it increases the rate of crime. The secondary school graduates consist of the unemployment accounting for nearly 35% to 50%. The rate of unemployment within the age group of 20 to 24years it is 31% with the high rate of unemployment in this country. It is believed that self employment is one of the solution to unemployment.

Self-employment is the act of generating one’s income directly from customers, clients or other organization as opposed to being an employee of a business or person.

Self employment can lead to economic growth and attainment of sustainable economy.

According to Boylan and Buchard (2002) self employment is a situation in which an individual work for himself for herself instead of working for an employer that pays a salary or a wage. They earn their income through conducting profitable operations from a trade or business that they operate directly.

IDENTIFYING BARRIERS TO SELF EMPLOYMENT

The present study sought to add to our knowledge about forces that negatively affect an individual’s decision to start a business by identifying barriers they encounter. By identifying barriers for starting a business we stand to learn much about how an individual identifies, confronts, and responds to decisions which may seem to be beyond their control. An instrument was developed utilizing factor analysis and yield a six barrier construct. The barriers identified in this study were: lack of confidence, personal problems, lack of skill, start up logistics, financial needs and time constraint stated by Hatala, John – Paul (2005). In addition, the instrument was also administered to a test group of new entrepreneurs participating in a training program to determine pre and post test intervention effects. The study concludes with suggestion for further development of the best tools as well as practical applications for program planners with the numerous. Skills acquired in Home-Economics the graduands of the subject should be able fight unemployment through self-employment.

According to Seattle, (2005), Home-Economics also known as family and consumer sciences. Home-economic is the professional and field of study that deals with the economics and management of the home and community.

Home economic is field of formal study including such topics as consumer education institutional management, interior design, home furnishing, cleaning, handling crafts, sewing, clothing and textiles, food and nutrition, child development.

  • STATEMENT OF THE PROBLEM

The number of unemployed is so high, that the possibility of securing pay employment is nil. The few vacancies that exist are usually filled with the families of high mighty in the society. Hence, most of the unemployed youth engage in crimes to get source of livelihood. Job loss is associated with elevated rate of mental and physical health problems, increase in mortality rates and detrimental changes. In family relationships in the psychological well-being of spouses and children. Stably employed workers, those who have lost their jobs have significantly poorer mental health, lower life satisfaction, less marital or family satisfaction, and poorer subjective physical health (McKee-Ryan, Song, Wanberg and Kinicki, 2005).

Unemployment was associated with depression, low subjective well being, and poor self esteem. Unemployment may even impact decision about marriage and divorce. (Virtaner, 2003).

  • PURPOSE/SIGNIFICANCE OF THE STUDY

The purpose of the study is to:

  1. To find out the impact of self employment of home economic student and the graduands.
  2. To find ways of reducing the crime rate of unemployed
  3. To let home-economics students and graduands know that the skills they acquired can make them to be self reliance on their own.
  4. To encourage Home Economic graduands to have confidents in self employment
  5. To highlight areas of self employment for Home Economic graduands
  • RESEARCH QUESTION
  1. Find out how skills acquired in home-economic can be used for self employment?
  2. Which areas of home-economics can graduates start their bus?
  3. What are the major challenges facing self-employment of Home Economic graduands
  4. What are the solutions to the challenges preventing Home Economic graduates from engaging in self employment.
  • DELIMITATION OF THE STUDY

The scope of this study is limited to graduands of Home Economic education will be conducted in Lagos and Ogun State.

  • LIMITATION

In conducting this study, there are some challenges faced. These include financial problem, and non cooperative attitude of some respondents.

  • DEFINITION OF TERMS

UNEMPLOYMENT: Is an economic condition marked by the fact that individuals actively seeking jobs remain unhire.

SELF EMPLOYMENT: Is the act of generating one’s income directly from customers, clients or other organization.

EMPLOYEMENT: Is a relationship between two parties, usually based on a contract, one being the employer and the other being the employee.

HOME ECONOMICS: Is the profession and field of study that deals with the economics and management of family resources.

Keywords: A STUDY ON BARRIERS TO THE SELF-EMPLOYMENT OF HOME ECONOMIC GRADUATES IN NIGERIA: WAY OUT


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Keywords: A STUDY ON BARRIERS TO THE SELF-EMPLOYMENT OF HOME ECONOMIC GRADUATES IN NIGERIA: WAY OUT

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