BANGLADESH, home to more than 170 million people, is often lauded for its steady economic growth, social development and demographic dividend. Yet, buried beneath this progress lies a silent but mounting crisis 鈥� the growing number of youth who are Not in Employment, Education, or Training (NEET). Representing a significant portion of the population, these...
Germany鈥檚 unemployment rate unexpectedly rose in March after holding steady for two months, data showed Friday, with economists lamenting no 鈥榮pring revival鈥� was in sight for Europe鈥檚 ailing top economy.
AMID growing income inequality, high unemployment rates and unprecedented food inflation, economists have rightly pointed out that the budget for the next financial year should prioritise the economic woes of the ordinary people. Economists in a pre-budget meeting with the finance adviser on March 16 urged the government to create an enabling investment...
Economists in a pre-budget discussion on Sunday in the capital Dhaka suggested employment generation schemes, expansion of social spending and maintenance of a high food stock in the forthcoming financial year...
The Ministry of Labour and Employment has instructed the factory authorities to pay all outstanding wages, bonuses, and dues to workers by the 20th of Ramadan...
According to the Ministry of Labour and Employment, arrears of laid-off workers of 9 out of 14 closed factories of the Beximco Industrial Park have been cleared as of Monday...
Bangladesh experienced sluggish growth in new business and employment in February as compared to January, according to the latest Purchasing Managers鈥� Index (PMI) report...
The Bangladesh Export Processing Zones Authority is going to introduce a project named 鈥楨mployment Injury Scheme鈥� in collaboration with the International Labour Organisation to provide aid to the garment sector workers of Export Processing Zones, said a press release...
The country鈥檚 service sector-based units grew more than manufacturing units over the past one decade that was also marked by a decrease in female employment...
BANGLADESH is facing a serious unemployment problem, with the number of unemployed individuals rising to 2.66 million in 2024, according to the Bangladesh Bureau of Statistics. Youth unemployment has reached 7.2 per cent, while a mismatch between education and job market demands has left many university graduates without..
The number of unemployment population increased to 2.6 million in the July-September quarter of 2024 compared with that of 2.4 million in the same period of 2023.
BANGLADESH, as a developing nation, faces significant economic challenges rooted in both domestic and international crises. Domestically, political uncertainty, mismanagement, weak governance, and systemic inefficiencies have created a landscape where the rights of the general population are continually eroded. Over time, these issues have become...
BANGLADESH is facing two big issues: rising unemployment, especially among educated young people, and a major road safety problem. A recent World Bank report states that around 4.4 per cent of people in Bangladesh are unemployed, with many jobless people having higher degrees. At the same time, unsafe roads, worsening traffic, and unreliable..
Labour and Employment adviser Asif Mahmud Shojib Bhuyain on Saturday said that despite actions against business owners involved in money laundering and various crimes, their businesses would continue to operate...
Speakers, including students, youth leaders and activists on Saturday called on the government to take and implement state policies for employment generation to curb...
The council of advisers to the interim government in principle approved the draft of the 鈥極verseas Employment and Migrants (amendment) Ordinance-2024鈥�, which aims to check several irregularities in the...
Educo Bangladesh, in partnership with ChildFund Korea and co-implementer Eco-Social Development Organisation, on Sunday launched an employment project for employment of underprivileged youths through technical education and vocational training....
FOR several decades, the Asia-Pacific region has experienced the fastest reduction of working poverty and rise of labour incomes worldwide. After the heavy toll inflicted by the...
Youth unemployment in China climbed to 18.8 per cent in August, its highest level this year, as the country struggles to boost a flagging economy...
People in different groups on Thursday gathered in front of the Bangladesh Secretariat to press home their demands including assurance of employment, continuation of the migration system in cluster admission tests and nationalisation of ibtedayi madrassahs...
Youth unemployment in China ticked up to 17.1 per cent in July, official figures showed, the highest level this year as the world鈥檚 second-largest economy faces mounting headwinds.
Britain鈥檚 unemployment rate has unexpectedly dropped to 4.2 per cent and wage growth has slowed to the lowest level in nearly two years, official data showed Tuesday...
South Africa鈥檚 jobless rate rose to a near record in the second quarter of 2024, continuing a trend that has seen the number of unemployed people grow by more than 60 percent in ten years, official data showed Tuesday...
Bangladesh and other countries in South Asia recorded the highest unemployment rate of 15.1 per cent in 2023, according to an International Labour Organisation report...
US stocks snapped higher on Thursday as unemployment data eased recession concerns, while European and Asian equities struggled...
The US services sector bounced back in July on stronger business activity, new orders and employment, according to survey data released Monday...
India鈥檚 government will spend $24 billion on employment and training, it said Tuesday, as prime minister Narendra Modi looks to address uneven economic growth and mollify disgruntled voters after a surprising election setback last month...
Britain鈥檚 unemployment rate remains at 4.4 per cent, official data showed Thursday, as the country鈥檚 new Labour government vowed action on helping people...
US job gains eased slightly in June while unemployment edged up, government data showed Friday, in a sign that the world鈥檚 biggest聽economy聽is cooling steadily as policymakers hope...
Canada鈥檚 unemployment rate rose slightly in June to 6.4 per cent as hiring stalled amid strong population growth, the government said Friday.