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Dhaka Tribune

BIDS: 33.19% educated youths unemployed

Economists blame lack of quality education, mismatch between educational institutes and job market and lack of proper employment

Update : 04 Dec 2019, 11:21 PM

Joblessness is higher among graduate and post-graduate youths in the country, with 33.19% of them unemployed, according to a study report of the Bangladesh Institute of Development Studies (BIDS).

The study titled "employment and unemployment amongst educated youth in Bangladesh" says unemployment rate is among bachelor is 36.6% and among master's degree holders 34.3%.

BIDS Director General KAS Murshid presented the findings of the study at the BIDS Research Almanac-2019 on Sunday. The study is based on an online survey covering 15,025 educated youths.

Economists blame lack of quality education, mismatch between educational institutes and job market and lack of employment opportunities behind the surge in unemployed educated youths.

Talking to Dhaka Tribune, Zahid Hussain, former lead economist of the World Bank in Bangladesh, said that there were three reasons behind the state of joblessness among educated youths. 

“Lack of quality education, mismatch between educational institutes and job market and few job opportunities against the huge number of graduate and postgraduate youths are the main obstacles for employment,” he added. 

Zahid Hussain explained that there were so many youths in the country who completed their BA and MA degrees from National University and they could not find out suitable jobs for lack of quality education from those universities and colleges.

“There is a mismatch between our educational institutes and job market. The job market wants such a skilled and quality manpower, which the educational institute cannot provide. There should be a bridge between educational institutes and job market,” Zahid Hussain pointed out. 

The economist said that every year a huge number of youth completed their graduate and postgraduate degrees, but the opportunity of employment was not growing like the rate of graduate youths.

“New industries are not growing rapidly owing to lack of investment environment,” he mentioned. 

The study says the villages have the high unemployment and metropolitan areas are best for salaried work while towns have the lowest unemployment rate. 

The rate of unemployment among educated female youths is 38.1%, while 46.22% educated females in villages are unemployed. Both the rates are higher than their male counterparts, according to the study. 

The study finds that full-time salaried works are highest for post-graduates, followed those for bachelor degree holders, and the lowest for HSC graduates, even lower than SSC graduates. Part-time employment is the highest for HSC, followed by SSC, BA and MA, it adds.

The study says only 48.7% youths aged between 18 and 35 years with at least a SSC degree and up to master's degree have fulltime employment and 18.1% was  engaged in part-time employment.

The rate of fulltime salaried employment among graduates and post graduates, however, is much higher than SSC and HSC passed youth, it adds.

Among the educated youths, 55.4% engaged in salary-based work while 11.4% are self-employed, it says further.

The study also finds that 18.05% educated youths remain unemployed for more than two years after completing education while 50.74% remain unemployed for up to six months.

BIDS study finds that 31.1 per cent male are unemployed meaning that they were not in education, employment or training (NEET).

It also finds that the employment outcome was better for those who studied in private institutions compared with those who studied at public institutions.

Arts subjects perform poorly while vocational training performs well in the job market. Dakhil does not seem to suffer any particular disadvantages while Alim students are worse off. Science students do not do particularly well. On the other hand, O-level students do very well (but observations are few), it also says.

For the survey, the BIDS targeted 6,18,262 individuals through facebook and Email while 15,025 persons responded.

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