Worsening youth unemployment

Look around and you will notice an ever-worsening youth unemployment in the country. The most visible sign of the economic plight is the fewer job opportunities, especially for young people. In Addis Ababa, despite Mayor Arkebe’s adoption of job creation as his number one priority, the economic situation seems to have caused the Administration to rapidly lose public support and confidence.
Many business experts are apprehensive that growing youth unemployment will make it impossible for the nation to catch up with advanced countries unless the issue is addressed as soon as possible.
They say that if young people fail to get jobs in a timely manner, it cause the nation to lose 20-30 years in development. Against this dismal backdrop, the government ought to take various feasible steps to resolve youth unemployment.
First of all, business concerns, large companies in particular, should be encouraged not by mere words but by real actions to implement their facility investments and other projects. The new labor policy should also be flexibly managed in order to win back trust from companies that are reluctant to do business because of the government’s excessive protection of trade unions.

A Christmas editorial

“Unto you is born a Savior which is Christ the Lord.”
The few words spoken by an angel at little Bethlehem some 2,000 years ago were virtually ignored at the time.
Yet, the messenger’s announcement to shepherds watching their flocks by night constituted the greatest news story and the greatest love of all time. Moreover the arrival of the three magi, those gift-bearing wise men from the East, is the world's first bit of multiculturalism. Christian tradition pulls these travelers from afar to say this is the Christ child for all humanity, of all colors and races.
Despite the electrifying pronouncement by the angels over Bethlehem, the birth of Jesus was unfortunately one of the best-kept secrets at the time. Caesar Augustus, mighty monarch of the Roman Empire, had no inkling of the arrival of the Prince of Peace.
Now, 20 centuries later, we look back to Bethlehem with full realization that the blazing star and the angel chorus that visited the shepherds and the Child in the manger marked history’s finest hour.
On January 7, many of us will celebrate Christmas according to the Julian calendar. It is good that the glory and influence of Christmas extend beyond Christianity and draw together into fellowship people of all faiths.
In the spirit of the holiday season, the Staff of Capital extends a very sincere:

Merry Christmas to all!