Employability is a positive and competitive state arising out of psychological capital, career identity, and social capital. Three studies were administered as censuses, (N=205), (N=214), (N=232), from graduates undertaking a skills training programme from Uganda Skills Development Programme (USDP). Quantitative analysis shows that psycap contributed greatly to employability, and social capital contributed less to employability of the unemployed but more to the employed in 2019 and 2020. Career identity showed a negative but significant relationship to employability in 2018 and 2019 while positive and significant relationship with employability in 2020. Social capital partially mediated the relationship between psycap and employability while the same fully mediated the relationship between career identity and employability. These results emphasize the importance of social capital and psycap in enhancing the various graduates' capabilities for positive employability outcomes. The negative career identity results reflect a boundaryless career mindset which is characterized by high physical and psychological mobility.