In today’s dynamic job market, the need to have a unique skill(s) cannot be emphasized enough. New work models are cropping up like freelancing, where employees don’t have to necessarily sit at a desk to work for an organisation. Within many companies, teams are learning to be more agile, to work with distributed and remote workers, and adapt to the ever changing market.
It’s unfortunate that in Africa, the education system has failed to follow suite with the changing work models. The system remains rigid and doesn’t encourage students to be creative. Consequently, when graduates get into the job market, they can hardly secure a placement given the stiff competition. The idea of becoming job-creators through different start-ups is also too alien to pursue. Given that individual efforts can only do much to change the school system, you have to be intentional about acquiring new skills outside of it.
Well, for those currently working, you shouldn’t get so comfortable in your jobs either. A recent research by the World Economic Forum shows that the Half-Life of a job-skill is about 5 years. This means that the skill you have right now will be half as valuable in the next five years. So, it’s important to keep re-skilling yourself as you prepare for the future market.
The first step is to ask yourself these questions:
1. What unique skills do I have? 2. Are those skills relevant in the job market today? 3.What skills will be in demand five years from now?
Based on your response to the above questions, start making deliberate efforts to skill and re-skill yourself. Make good use of the resources you have now so that you can improve your marketability in the years to come.
Thanks for reading, until next time…
Cereals have for years, if not centuries been used as feeds for animals, fish and chicken. With the current shortage in production being a result of the prevalent drought especially in the tropical regions, it is imminent that a suitable alternative be found as soon as now.
There should be a significant reduction in the use of cereals as feeds. This can be done in a “green” economy by increasing food energy efficiency using fish discards, capture and recycling of post harvest losses, waste and development of new technology, thereby increasing food energy efficiency by 30-50% at the current production levels.
According to The Environmental Food Crisis, increasing the food energy efficiency provides a critical path for significant growth in food supply without compromising environmental sustainability.
As a result, the individuals living in drought stricken regions could have an extra meal or two contrary to what they can currently afford.
Inorder to decrease the risk of highly volatile prices, price regulation on commodities and larger cereal stocks should be created to buffer the tight markets of food commodities and subsequent risks of speculation in markets.
This includes reorganizing the food market infrastructure and institutions to regulate food prices and provide food safety nets aimed at alleviating the impact of rising food prices and food shortage, including both direct and indirect transfers, such as a global fund to support micro-finance to boost small-scale farmer productivity. The Environmental Food Crisis
We ought to support farmers in developing diversified and resilient eco-agriculture systems that provide critical ecosystem services (water supply and regulation, habitat for wild plants and animals genetic diversity, pollination, pest control, climate regulation), as well as adequate food to meet local and consumer needs.
This also includes managing extreme rainfall and using inter-cropping to minimize dependency on external inputs like artificial fertilizers, pesticides, irrigation water and the development, implementation and support of green technology for small-scale farmers. The Environmental Food Crisis.
Food waste contributes greatly to world hunger. One solution includes placing a greater emphasis on post-harvest food preservation methods such as solar refridgeration, intelligent packaging and creating a world food preservation center. Charles. L. Wilson, Ph.D
“There are ways for students to adapt their academic pursuits to compete with an increasingly automated workforce, by learning to be creative thinkers who improvise in ways that computers cannot.” Business Insider
We ought to capitalize on those soft skills that no machine or computer can offer.
Hey there, my name is James Lubwa and I have recently completed my B.Sc in Quantitative Economics. I am currently living in Kampala, Uganda. My passion for Economics and the love to write have sparked an immeasurable desire to start this blog. I intend to write about Economic issues in my locality and those around the globe. This blog is therefore intended for individuals who love Economics, those in fields of Economics whether at school or work, and to the layman out there who might not have any academic background in Economics but would like to know a thing or two with regards to how Economics affects their daily lives.
Above all, I hope you enjoy reading and learning from this blog.