REDUCING UNEMPLOYMENT THROUGH CO-OPERATIVE MOVEMENT

ABSTRACT

The study was conducted to examine how unemployment has been reduced through cooperative movement in Enugu North Local Government Area, from the year 2000 – 2004. In the course of this investigation, research objective and hypothesis were formulated. Both primary and secondary data were collected, and data were then presented in a tabular form. Based on the above, the findings on the topic is as follows: Staff/employee of the sampled cooperative are averagely qualified for their various jobs and they are given opportunities for further training by the cooperative societies. Employee of the sampled cooperative are averagely paid with some necessary allowances. Co-operative societies absorb about 35% of school leavers yearly. There is a continuous education both to the members and the whole public. The researcher’s recommendations include these: Government should make it compulsory for every establishment to have its own cooperative. Government should set up more cooperative banks to give loans to individuals and groups that are prospecting to establish cooperative. In conclusion the researcher deemed it necessary that every hand must be on desk to encourage the establishment of cooperative enterprises, since it is now obvious  that the only option left for us is to adopt the socio- economic model of mutual self help.

Categories: COMMERCE