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Unemployment drops to 2.63m: BBS

Published : 29 Mar 2023 10:36 PM | Updated : 30 Mar 2023 02:05 PM

The number of unemployed in the country has come down to 2.63 million in the last five years, which was 2.7 million in 2016, a survey said.

The number of unemployed people has decreased due to the government’s various incentives and efforts to create special opportunities in the implementation of election manifestos for providing jobs, the survey mentioned.

The unemployment rate is also down from six years ago. In 2017, the unemployment rate was 4.2 percent. Now it has reduced to 3.6 percent.

The Bangladesh Bureau of Statistics (BBS) officially released the preliminary results of this survey at an event in its auditorium in Agargaon in the capital on Wednesday.

Md Motiar Rahman, Director General of BBS, presided over the programme.

Planning Minister MA Mannan attended the programme as the chief guest while Dr Shamsul Alam, State Minister of planning, Md Ehsan-E- Elahi, secretary, Ministry of Labour and Employment and Dr Shahnaz Arefin, Secretary of BBS were present as the special guests.

According to the results of the survey, there were 7.34 crore people in the labour force in the country till 2022. Among them, 4.74 crore are men and 2.59 crore are women. In the last five years, 99.10 lakh workers have increased.

According to the survey, the total manpower outside the labor force was 4.69 crore, up 14 lakh during the last five years.

The average unemployment rate in the country is 3.6 percent. Out of this, men are 3.56 percent and women are 3.63 percent.

Moreover, the country now has 7.07 crore working people. Out of this, the agriculture sector is the largest, 3.22 crore.

Among the total workforce, female labour force participation rate has increased significantly over the past five years, especially in rural areas, indicating that more women are now able to access employment opportunities and contribute to the country's economic growth.

Female participation in Bangladesh's labour force increased to 42.68 percent in 2022, up from 36.3 percent five years ago.

Rural participation of women in work is 50.89 percent and 22.59 percent in urban areas.

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