Unemployment Problem in Bangladesh

Topics: Unemployment, Inflation, NAIRU Pages: 18 (6338 words) Published: April 1, 2013
1. Introduction
Unemployment means the state of being without any work both for the educated and uneducated for earning one’s livelihood. Unemployment problem has become a great concern all over the world. But nowhere in the world is this problem as acute as in Bangladesh. Thousands of people in our country are without any job. Unemployment scenario of the graduate level in Bangladesh has been a serious problem. Lately, graduates are more prone to acquire business education, which is more transferable to the job. Despite that, the business graduates are frustrated with the burden of education, as there are concurrent occurrences of joblessness. However, the prevalent dilemma of employability appears, as there are imbalances due to expected skills/qualifications by the ultimate employers. Discussion

1.1 History of unemployment in Bangladesh
Historically for a long time British administration was the main cause of this problem. After ending Mughol regime when British came in Sub continent (India, Pakistan, Bangladesh) they started to do business, they exploited the sub-continent. They did not establish any Industry which is helpful to remove the unemployment problem. Though some Industry was made but all of them were placed in Indian Territory. So Bangladesh region was neglected from the British period. After ending British rule in 1947 Pakistan adopted the same rule they established all kinds of Industry in West Pakistan not in East Pakistan. As a result of Pakistani monopoly rule we saw the freedom fighting war in 1971. After nine months continuous war it is divided and named East Pakistan as a Bangladesh. After 1971 Bangladesh has been facing political crisis badly. As a result no government can take long term massive step to remove the unemployment problem. Within 37 years Bangladesh has experience about eight new governments and two assassination incident at the top level country leader. So now political crisis is one of the major causes of unemployment problem in Bangladesh. Among others two major parties BNP and Aowamileague are busy to gain only political power. None of these parties are trying to do anything to solve the country’s major problem “UNEMPLOYEMENT PROBLEM” Recent attitude and activity of political parties are very hateful to the common people. By election if a party goes to power then another party cannot accept that, they do not go to parliament they do not express constructive opinion in the parliament which is helpful for common people. But they should not do it. May be there is some discrimination of the election result but there are overall acceptation of the common people. 1.2 Cause of unemployment

Bangladesh, like other developing countries, suffers from large-scale disguised unemployment in the sense that, even with unchanged techniques of agriculture a large part of the population engaged in agriculture could be removed without reducing agricultural output. Beyond agriculture, disguised unemployment also exists in large industries, offices and organizations, particularly in the public sector. Unemployment among the educated youths is one of the major problems in Bangladesh. The unemployment rate for the population having secondary school certificate level education and above is significantly higher than those with a lower level of education. The unemployment rate for educated women is higher compared to that for the male population. In Bangladesh salaried/wage employment in the formal sectors is not big enough to take care of the huge number of unemployed. Employment promotion, especially, creation of self-employment opportunities, continues as the most important functions of the Bureau of Manpower Employment and Training. The Fifth Five-Year Plan for 1997-2002 had set a target of creating additional employment of 6.35 million persons. Of this, a total of 1,60,000 persons are expected to be engaged in self-employment. Emphasis had been given on training and credit support to women...

Bibliography: * Unemployment problem in Bangladesh by Mansur Ahamed Soikot
* CIA World Fact book - Unless otherwise noted, information in this page is accurate as of November 3, 2010.
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