Bridging the Gap: The Role of Self-Employment in Reducing Youth Unemployment

Youth unemployment remains a significant global challenge, with millions of young people struggling to secure formal employment. Self-employment has emerged as a potential solution, offering an alternative pathway to economic participation. This research paper examines the role of self-employment in reducing youth unemployment by analysing secondary data from academic journals, government reports, and international organisations. The study explores the benefits, challenges, and policy implications of promoting self-employment among young people. Findings suggest that while self-employment can alleviate youth unemployment, its success depends on access to finance, skills development, and a supportive regulatory environment. The paper concludes with recommendations for policymakers to enhance youth entrepreneurship and self-employment opportunities.