Abstract
There are many contributions of Technical and Vocational Education and Training (TVET) on a nation’s economy. TVET has been proved as the key for skill development. With its feature focused on specific occupation, it has allowed individuals to find skill related jobs or start own employment. TVET stands a major player in economic growth of a nation through development of workforce and rise in employment rate. On one hand, TVET’s role stands on employment generation in the job market while on the other hand, TVET is regarded more significant to promote self employment where employment opportunities are scare and individuals are enrolled in informal or agricultural sector. This paper tries to explore different contributions of TVET on employment in the labour market and in uplifting self employment through the development of relevant skills and the different kinds of contributions it gives and importance it holds depending upon the economic development of the nations.DOI: http://dx.doi.org/10.3126/jtd.v1i0.13094 Journal of Training and Development Vol.1 2015: 77-84
Highlights
A nations economy is driven by its active labour force
Apart from natural resources and market, multinational enterprises seek skills in local workforce and Technical and Vocational Education and Training (TVET) helps the potential workforce with necessary skills to match job requirements in such companies
The role of TVET is visible in each economy but the importance is different in advanced economies as compared to emerging or poor economies
Summary
The utilization of the productive workforce helps in development of the nation as a whole. Education is identified as a significant factor in the economic growth of a nation but the developing nations find technical and vocational education and training important due to poor results in general education and substantial number of drop outs (Adams, 2007). Unemployment due to skill gaps or absence of appropriate skills is found even in the labour market of developed nations. UNESCOUNEVOC (2013) has stated that the potential labours find difficulties in getting employment in the labour market due to lack of sufficient skills. The workforce with higher general education suffers rejection for employment due to skill deficiency such as cognitive or non cognitive skills and technical skills demanded by the industries for entry level posts which call for implementation of TVET programs to such potential population
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