Browsing by Author "Dennis Kenyi"

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    Financial literacy on youth unemployment: case study of university graduates in Koboko municipality,Koboko district
    (Uganda Christian University, 2026-04-21) Dennis Kenyi
    This study examined the impact of financial literacy on youth unemployment among university graduates in Koboko Municipality, Koboko District, Uganda. The study was motivated by the persistent challenge of graduate unemployment despite government interventions aimed at improving youth livelihoods. Specifically, the study investigated the relationship between financial literacy and employment status, the role of financial literacy in entrepreneurial engagement, its influence on sustainable self employment, and the challenges graduates face in applying financial knowledge.A quantitative cross sectional research design was employed, using a structured questionnaire to collect data from a sample of 100 university graduates, of which 92 responses were analyzed. Both descriptive and inferential statistical techniques were used to analyze the data, including frequencies, percentages, and correlation analysis. The findings revealed a significant positive relationship between financial literacy and employment outcomes. Graduates with higher levels of financial literacy particularly in budgeting, saving, and responsible borrowing were more likely to be employed or engaged in self-employment. Financial literacy was also found to positively influence entrepreneurial engagement, although sustainability of businesses remained a challenge. Furthermore, financial literacy significantly contributed to the ability of graduates to achieve stable and sustainable self-employment. However, the study identified key challenges, including limited access to financial training and difficulties in applying financial knowledge in real life situations. The study concludes that financial literacy is a critical factor in reducing youth unemployment by enhancing employability, promoting entrepreneurship, and supporting sustainable livelihoods. It recommends the integration of practical financial literacy training into university curricula, increased support from government and development partners, and continuous financial skills development among graduates.