Unemployment in Bangladesh
A big portion of the unemployed youths are educated who are robbed of job opportunities vastly due to mismatch between supply and demand factors in the labor market.
Unemployment is extensively regarded as a titanic social and economic obstacle globally . When referring to someone as unemployed, most people have in mind a state compatible with the international labor organization’s (ILO)definition- a person who does not have a job. This is certainly the case for government agencies ,which publish unemployment statistics.
Most of the people who become unemployed remain without job for short periods. However, there are also hard core unemployed who remain without job for long. The unfavorable stature of unemployment are much more acuminate for this group. The problem of providing job to those who are willing to work. A big number of educated peoples who are capable of job and are also willing to do it, roam about here and there without any job so the problem has assumed an acuminar form. There are a titanic number of people who are either partly employed or wholly unemployed. The lives of such peoples, as well as of their families, are intensely deplorable. Bangladesh cannot claim to be a welfare state so long as this obstacle hold over unsolved.
Ours is a heavily populated country. The population is raising by very quickly, but jobs and gainful sector cannot be created in the same proportion. So, naturally, a vast section of the people is left unemployed is diacritic.
In Bangladesh, as the obstacle of unemployment is mainly an economic one, it is essential that the economic policy of the country be overhauled. In our country, labor is avenues for employment through promoting cottage and small industries. Besides, stress must be laid on family planning. Every effort must be made to check the rapid rise in population. More stress should be laid on technical and vocational education. The present bookish education which produces clerks alone should be restricted. When people get technical and vocational education, they will not hander after service on completing their education, they will come out well prepared to stand on their own feet. Our joint-family system is gradually breaking down. This may be a good social change from certain points of view, but from the point of view of unemployment it is harmful. In a joint family some members get employed in family professions. If one gets a job, he can support others who may not be equally fortunate.
Many a social evil is spread through unemployment. Frustration, drug-addiction, even suicides are, by and large, the evil results of unemployment. Unrest and disorder increase in society. The problem cannot be solved until the population growth is checked. The two are interlinked, and the people must be made to realize this through and adequate process of social education. It is heartening to note that the government has come out with a plan to provide employment to educated young men during the ninth plan period.
Our education does not prepare the minds of young generation to become self-employed. On the contrary it makes them dependent on government vacancies. The government, agencies and NGOs have introduced various employment generating schemes, but in the absence of proper implementation and monitoring they have failed to achieve the required targets. Recently, the government has come up with rural development and employment generation program-mes which aim at making available minimum days of employment to people living in the villages.
The remedial measures for reducing unemployment may lay greater emphasis on creation of opportunities for self-employment, augmentation of productivity and income levels of the working poor, shift in emphasis from creation of relief type of employment to the building up of durable productive assets in the rural areas and instead of attempting to revert somewhat to protectionist policies the pace of privatization may be accelerated .poverty alleviation remains a big challenge for Bangladesh. while economic growth has better in recent years ,healthier economic ,financial and industrial advancement have not acted as dynamic and catalyst to eradicate poverty, unemployment and other maladjustment’s.
The problem of unemployment mostly affects the youth labor force in Bangladesh where a vast majority of the unemployed youth are educated who are deprived of job opportunities largely due to mismatch between supply and demand factors in the labor market , inappropriate and inadequate skills to effectively perform in the labor market and the slow pace of job creation ,particularly in the formal sector.
Industrial policies necessitate targeting sectors having better potential of employment creation such as aggro processing, portions may need to cover a wide array of activations may drone cover a wide array of activities ranging from fiasco incentives to priority credit allocations govt. investment and provision of infrastructure.
For speedy growth of the small and medium enterprises(SME)sector ,the country’s industrial strategy needs anchoring in multilayer subcontracting arrangements between the large enterprises and the SME and among the SME themselves especially among SME of different booster sectors .innovation and searching for new market s are also important for sustaining the growth of existing SME and flourishing of new SMEs, increase productivity ,and improve competitiveness.
As a labor exporting country ,Bangladesh can influence the inflow of remittances through adopting appropriate policies such as building hassle free remittance sending infrastructure, exploring new overseas markets ,improving the formal channels of fund transfer, establishing specialized banks, and creating more effective investment avenues and providing ownership in social development projects for non-resident Bangladeshis.
Bangladesh needs to develop an annual employment information system that generates employment –related data on a sector basis .in short ,a coordinated approach to policy is called for in order to improve employment opportunities on a sustainable basis.