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Tags : Unemployment


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Bangladesh’s growth slows, jobs lost: WB

Bangladesh’s economy is under growing pressure as GDP growth slows, foreign investment declines and unemployment rises, raising concerns among economists and industry insiders that the economy could face long-term instability without urgent reforms...

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UK unemployment rises to near 4-year high

Britain’s unemployment rate has reached the highest level since July 2021, official data showed on Tuesday, after businesses were hit by a UK tax rise and US tariffs kicked in...

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Announce date for polls: CPD

The Centre for Policy Dialogue on Tuesday said that the partial reforms being pursued by the interim government over the past nine months were less effective in bringing about economic stability...

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Youth empowerment for digital inclusion urged

The Centre for Policy Dialogue laid emphasis on providing young people with the tools to participate in the digital world for mitigating unemployment, fostering innovation, driving economic growth, and promoting social inclusion...

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Unemployment in UK highest since 2021

Britain’s unemployment rate has reached the highest level since August 2021, official data showed Tuesday, with businesses facing a UK tax hike and US tariffs...

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Germany’s unemployment rises in March

Germany’s unemployment rate unexpectedly rose in March after holding steady for two months, data showed Friday, with economists lamenting no ‘spring revival’ was in sight for Europe’s ailing top economy.

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Upcoming budget must prioritise ordinary people’s concerns

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...

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Entrepreneurial hubs to combat unemployment

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..

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Unemployment rises in July-Sept: BBS survey

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.

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Educated youth for road safety

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..

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Tackling unemployment: Asia’s dirty secret

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...

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China youth unemployment jumps to 17.1pc in July

Youth unemployment in China ticked up to 17.1 per cent in July, official figures showed, the highest level this year as the world’s second-largest economy faces mounting headwinds.

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South Africa’s unemployment reaches new highs

South Africa’s 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...

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US stocks bounce higher on job data

US stocks snapped higher on Thursday as unemployment data eased recession concerns, while European and Asian equities struggled...

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US jobs market sees gradual cooldown in June

US job gains eased slightly in June while unemployment edged up, government data showed Friday, in a sign that the world’s biggest economy is cooling steadily as policymakers hope...

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Govt putting in more efforts to build developed country: Waseqa 

State minister for finance Waseqa Ayesha Khan on Tuesday said that the government had intensified its efforts to transform Bangladesh into a developed nation by 2041 through economic stability, science education, scientific research, innovation and support for the agriculture sector to ensure food security...

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Addressing unemployment

WITHIN the rich and diverse fabric of Bangladesh’s educational panorama, there exists a formidable barrier that obstructs its path to progress: a conspicuous inadequacy in the standard of education. Despite a remarkable surge in enrolment rates, a closer scrutiny uncovers...

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Govt has issues to address to contain unemployment

AN INCREASE in unemployment rate has become a major cause of concern while unemployment and under-employment have for long been indicators of jobless growth. The Bureau of Statistics, in its quarterly labour force survey, made public...

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US unemployment edges up as hiring slows down

US job growth slowed more than analysts anticipated in April while unemployment crept up, government data showed Friday, signalling that the labour market is cooling though still relatively resilient.