Abstract
Modern economist emphasized human capital formation for socio-economic development. Human capital theory considered education and training essential tools for human capital formation. This study was conducted to analyze what factors determines participation rate of youth in vocational trainings of Federally Administered Tribal Area's Development Authority. Study also focused strengths and weaknesses of the trainings delivered. Data was collected on well-structured questioners from 400 respondents selected through disproportionate simple random sampling. The results revealed that age, marital status, father education, father profession, family size, family income and employment status before participation have significant effect on participation rate. Short duration, poor linkages with industries, lack of tool kits, career counseling, internship facility and post training financial support were recorded potential issues that challenged the achievement of anticipated outcomes of the program.
Highlights
Modern economists emphasize a lot on investment in human capital consider as a pathway for socio-economic development of individuals and nations
Determinants of Participation The output of binary logistic regression analysis in the Table 4 below shows that variable; age of the respondents, family size, father education, father profession, family income, employment status before training and marital status of the respondents have overall significant relationship with dependent variable i.e. probability of participation
It is evident from the results that increase in age of the respondents increase probability of participation in vocational training
Summary
Modern economists emphasize a lot on investment in human capital consider as a pathway for socio-economic development of individuals and nations. Due to its keen importance; human capital development remained a considerable subject in various well known conventions and international conferences (Nafukho and Bunyi, 2013). Both technical education and vocational skills training are the key contributors to human capital development across the globe. Skills development has been the national development strategy for many countries It increases the efficiency and productivity of workers, employability and self-employment. It makes the labor market entry convenient, make it easy for youth to attain employable skills and increase monthly earnings. Governments, National and International organizations are intensively investing in vocational and technical skills trainings (Ullah et al, 2017)
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