Addressing Unemployment: The Self-Employment Solution

[Lily]

Unemployment is a global challenge, arising from different factors in developed and underdeveloped nations. While underdeveloped countries struggle with limited trade and industry development, technological advancements contribute to job displacement in the developed world. Self-employment emerges as a viable solution for combating unemployment. Possessing professional skills, such as writing, web design, graphic design, or video editing, opens avenues for self-employment. Skill development courses can bridge the gap for those without professional skills. Exploring job platforms like Fiverr and Upwork or delving into online business with available resources and learning opportunities can pave the way to self-employment and financial independence

[InvestmentGuru]

If you're grappling with how to rake in some cash this year, I'd recommend giving video making a shot. Numerous platforms now allow you to publish both short and long videos, turning your creativity into a source of income. While YouTube pioneered the way for video content creators to earn money, TikTok elevated video earnings to new heights with its rapid growth.

As TikTok's success soared, other platforms swiftly introduced short video features and expanded the possibilities for earning money from them. TikTok boasts a $200 million creator's fund, outshining YouTube's $100 million fund. Despite the smaller fund, YouTube's creator fund is accessible in almost all countries, whereas TikTok's creator fund is limited to a few. In a bid to stay ahead, Facebook jumped into the game with a staggering $1 billion creator fund, showcasing the massive earning potential these platforms offer.

Creating videos has become incredibly accessible – all you need is a smartphone with a good camera, an internet connection, and the right app. To enhance your earning potential, consider learning video making, editing, and animation. These skills can elevate the quality of your videos, making your content stand out in the competitive world of online video creation.

[Jane]

When there aren't enough jobs, starting your own business can be a great idea. This helps create more opportunities for work and helps the economy grow. For example, people can become freelance writers or designers and find jobs on websites like Upwork and Fiverr. Also, small business owners, like local craft makers or online shops, help make more jobs available. This shows how starting your own business can help solve the problem of not having enough jobs.