Welcome to our presentation

Md. Omar Faruk Hasib 132011013

Hafiza Akter Mim 132011028

Kazi Arafath 132011163

Abdur Rahman 132011137

Abir Hossain 132011007

UNEMPLYMENT IN BANGLADESH

What is unemployment Mean & unemployment rate??

Definition

According to International Labor Organization (ILO), “Unemployment occurs when people are without jobs and they have actively looked for work within the past four weeks”.

Unemployment rate

The percentage of the total labor force that is unemployed but actively seeking employment and willing to work is treated as unemployment rate. A person who simply expresses Interest in having a job is classified as unemployed.

Types of Unemployment Rate

• Structural Unemployment: Structural unemployment is an unemployment that comes from there being an absence of demand for the workers that are available."

• Frictional Unemployment: "Frictional unemployment is unemployment that comes from people moving between jobs, careers, and locations."

Types of Unemployment Rate

• Cyclical Unemployment:"Cyclical unemployment occurs when the unemployment rate moves in the opposite direction as the GDP growth rate. So when GDP growth is small (or negative) unemployment is high."

• Seasonal Unemployment: Seasonal unemployment is unemployment due to changes in the season - such as a lack of demand for department store Santa Clauses in January. Seasonal unemployment is a form of structural unemployment, as the structure of the economy changes from month to month.

Compare with Other Country

Executive Summary & Objective

• Unemployment is a great concern in Bangladesh. Every year hundreds of thousands student are coming out from School, college and university. Though it is one of the major responsibilities of the Government to provide job to those young generation but the Government is failed to meet the job demand among the large population. Only a tiny fraction of total jobless is managed by different government offices and private organization but a majority remain unemployed.

The Nature

Uneducated and Uneducated is the Basic nature of unemployment. 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.

Effect on Unemployment

Causes behind unemployment

List of unemployment in Bangladesh are given below:

Year 2000 Year 2001 Year 2002 Year 2003 Year 2004 Year 2005 Year 2006 Year 2007 Year 2008 Year 2009 Year 2010 Year 20110.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

45.00%

Unemployment rate

Last Section of Bangladesh

Possible Solution to Unemployment: 1.National Office of Employment to develop long term

strategies and oversight.

2.Identify growing and potential industries and the skills they will need in future staff.

3.Design a plan which allows for the rapid retargeting of training courses as vocational schools are traditionally 5 to 15 years behind current needs. 

Possible Solution to Unemployment:

4. Steps should be taken to set up co-operative farming, cottage industries and to open new system of public work to create job for the unemployed people.

5.Provide incentives for employers to hire more part-time workers

Conclusion & Recommendation: High rate of unemployment, particularly of

the educated youths, poses serious socio-economic problems.

A jobless educated youth, particularly a male, becomes a burden for his family. He gets little respect in his family or in the society. This forces him to resort to criminal activities such as hijacking, working as a trafficker of dangerous drugs, working as a muscleman of a corrupt politician, or joining a group of militants.

In view of what has been stated above, it is high time to ascertain the correct rate of unemployment in the country, and it must be free from political bias in the greater national interest.

IN the prime minister's question-answer session on February 17, Prime Minister Sheikh Hasina disclosed in the House her government's plan to bring down unemployment rate to 15 percent from the existing 40 percent by the year 2021.