According to statistics, the number of unemployed people in the country has increased by almost one lakh in the last one year. As a result, the country currently has 26.77 lakh unemployed people who were 25.9 lakh just the previous financial year. It is worrying that the highest unemployment rate is among the highest educated people. Unemployment rate among those with primary education is only 2.7 per cent whereas it is 11.2 per cent among graduate and post-graduate holders. It is clear, then, that the more people are getting educated, the greater the risk is to become unemployed. The country is truly advancing in almost all sectors. Both per capita income and life expectancy have increased. And according to available data, about 13 lakh new employments have been created. In spite of all developments, unemployment rate is constantly on the rise.
This might be because huge employment opportunities have been created mostly for those who have little or no education. For this reason, the highly educated youths have fewer jobs meaning the country adequately lacks appropriate job sectors for those with higher education and better skills. One has little doubt over the fact that investment for new employment scopes is insufficient given the current scenario of the country. The actual number of unemployed might be even higher, for about 20-22 lakh people enter the labour market each year but only one-third gets jobs while the rest have to remain jobless. Several years back, an Economist Intelligence Unit report claimed Bangladesh had the highest number of educated unemployed.
If all these above figures are inadequate to realise the true picture of the job market, it might be pertinent here to mention what happened in a job fair arranged only several months back at the newly constructed technology park in Jashore. More than ten thousand jobseekers crowded the fair premises for a handful number of posts, the situation soon got beyond control and police had to offer baton charge on the crowd. Worth concerning enough, the incident signified the increasing pressure of unemployed section, which we have perhaps forgotten to address. Ergo, the government should come up with complete focus on inclusion of unemployment in the development strategy as the number one problem to deal with. As a matter of fact, all the developments will fall flat unless unemployment is properly handled.