Jobless graduates

Campus Report :The number of unemployed graduates is increasing day-by-day in the country because of the faulty education system not consistent with the job market here in Bangladesh.In every year almost half of the graduates came to the job market but they are not getting appropriate jobs according to merit and ultimately remain unemployed. Currently 47 percent graduates of Bangladesh are unemployed, said in a special report of world renowned British magazine Economist – The Economist Intelligence Unit (EIU).The highest unemployment rate is 65 percent in Afghanistan among the South Asian countries. The unemployment rate of India is 33 percent, more than 20 percent in Nepal, 28 percent in Pakistan and 7.8 percent in Sri Lanka.Country’s current manpower is 5 crore and 67 lakh, according to the manpower survey-2010 of Bangladesh Bureau of Statistics (BBS). 5 crore and 41 lakh people are working among them. That means only 26 lakh people are unemployed. However, the survey says, 1 crore 11 lakh people works in the family but did not receive any wages. There are 1 crore and 6 lakh day laborers who do not have any working guarantee.The unemployment rate is 14.2 percent though the government of Bangladesh showed the less, according to World Bank. The 13 lakh people are being added every year on the job market. So there is a pressure on the economy to create new job places. The growth rate will be rose to 8 percent if the employment rate of Bangladesh can be increased by 2 percent more, World Bank said. And then the country can be entered in middle-income level between 2021.Nearly 3 lakh people are currently unemployed in Bangladesh, according to International Labor Organization (ILO). The position of the Bangladesh is 12th among the 20 unemployment growing countries, according to the organization.Courtesy: EduIcon.