The world today is seeing turbulent changes such as political upheaval, unrest, and warfare that has resulted in drastic changes in the socioeconomic structure of several countries across the globe. The ones affected are primarily young people. Their livelihoods are in jeopardy due to the rapid growth in unemployment rates in areas of the world that are conflicted.
The topic of job creation has become more crucial than ever before and is garnering the attention of several researchers, policymakers, and government agencies all across the globe. Top researchers agree that the correlation between unemployment and extremist violence is too strong to ignore.
A 2012 report by the International Labor Organization reaffirmed that youth employment and poor education lead to higher levels of extremism. The crisis will continue for much longer if the failing economies and lack of jobs in areas where high levels of violence and conflict exist around the world. State-sponsored military action against extremist groups has proven to have mixed results.
If anything, we have learned that military action alone is not the answer. Preventing the growth of extremism requires a more holistic approach.
Also, in several conflict-ridden and fragile states such as Somalia and Yemen, the situation has gotten considerably worse with as much half of the young population looking for jobs. A 50% unemployment rate means half the youth population in these two countries are at high risk for recruitment by extremist organizations.
Program development and employment policy in conflict and post-conflict situations, especially in the fragile states, requires coordinated efforts in order to address the challenges and solutions that would help in developing practical policies, and programs that are essential for stabilising the livelihoods of the people in fragile, conflict, and post-conflict environment especially for the refugees in their host communities.
Silatech (a non-profit organization in Qatar) has provided an innovative model that explicitly focuses on the economic empowerment of the vulnerable groups who are susceptible to the issues of socioeconomic disintegration and provide them with the education they lack to obtain a decent job.
Over the years, Silatech has developed a sequence of financial and non-financial services to ensure about the inclusion of groups in job creation and livelihood sustainability in their communities.
Silatech has made use of innovative economic empowerment tools that include the provision of loan capital, technical assistance, credit guarantees, along with several other capacity building services that have lead to the implementation of several programmatic interventions in 16 Middle Eastern and North African countries. The number of countries they help seems to grow every year.
They also played a crucial role with The Refugee Commission to create economic opportunities for the Syrian refugees. Moreover, in Yemen, they received a grant from the European Union where they implemented a project that aims to achieve the much-needed stability through youth empowerment and to achieve financial inclusion for the marginalized groups of this place.
By providing such measures, Silatech seeks to achieve the goal of providing education and employment to the youth of vulnerable areas across the globe.
They’ve already created 650,000 jobs. If they keep it up, we might see the reduction in extremist violence around we’ve all been hoping to see come to fruition.