Although the youth unemployment ratio in Germany may appear low compared to other countries, it is regarded a severe economic and social problem. There is no doubt that it is an especially gross form of waste of resources and “disinvestment” of human capital. In the long run no country can...

Dominance of theory-based education is not well connected by the current practices. So, the knowledge delivered within higher education institutions cannot create adequate value in the market and in turn which causes the youth unemployment to become a chronicle problem. Therefore, work placement...