KNOWLEDGE AND SKILLS FOR IMPROVING YOUTH LIVELIHOODS, INCOME AND ECONOMIC OPPORTUNITIES

Abstract

Knowledge and skills acquired by young people play an important role in improving livelihoods, increasing income, and expanding economic opportunities. Enhancing youth employability and economic participation in a rapidly changing economic and technological environment requires relevant education, vocational training, digital competencies, and entrepreneurial abilities. This study examines the role of knowledge and skills in youth employment, self-employment, entrepreneurship, earning potential, and livelihood opportunities.The study is based on secondary data obtained from government reports, research studies, statistical publications, and reports of national and international organizations. The review of secondary evidence indicates that access to quality education and market-oriented skills can enhance young people's employment prospects, income generating capacity, and financial well being. Furthermore, skill development can help reduce unemployment and skill mismatches while enabling young people to benefit from emerging opportunities in the labour market. The study highlights the importance of comprehensive, accessible, and industry-relevant education and skill development programmes, particularly for disadvantaged and rural youth. Therefore, strengthening knowledge and skills among young people is important for promoting sustainable livelihoods, increasing income, expanding economic opportunities, and supporting inclusive economic development.