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17,000 workers' fate up in the air | The Daily Star

Recruitment Process Mismanagement Affecting Bangladesh Migrant Workers: Despite getting emigration clearance, around 17,000 aspirant migrant workers could not fly to Malaysia before the May 31 deadline due to alleged mismanagement in the recruitment process. ....

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Is unemployment actually declining?

Bangladesh Labour Force Survey 2022: The real situation is that many who don’t have access to a good job and are in desperate need of an income try to eke out a living by engaging in some work – whatever its nature is. While the standard measure of unemployment is not able to capture them, many of them are working but poor. What happens to their number and condition is ....

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How can Bangladesh turn on its 'brain gain'?

Bangladesh is currently suffering from an acute shortage of skilled workers and managers. ....

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Demographic dividend: How do we include more youth into Bangladesh's economy?

According to the 2022 census, the proportion of the working-age population (15-64 years) in Bangladesh is 65.53 percent, which was 60.62 percent in the 2011 census. The window of achieving demographic dividend from this segment in Bangladesh’s economy is predicted to close by 2040. ....

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Key socioeconomic issues we must address to reduce poverty

Poverty is a multifaceted economic phenomenon. Although dealing with the causes of poverty in Bangladesh is complex, the country has nonetheless shown impressive improvements and resilience over the years. Before the coronavirus crisis, the number of extreme poor people was falling gradually. According to Bangladesh Bureau of Statistics (BBS) data, the poverty rate came down to around 20 percent in 2019 from 56.6 percent in 1990. The rate was around 75 percent in 1971. But now the picture is changing due to Covid-19, the number of jobless people has increased drastically and income has fallen significantly in recent times. In an August 2020 report, the BBS revealed that between July 2019 and June 2020, the national poverty rate rose by 9 percent (from 20.5 percent to 29.5 percent). The South Asian Network on Economic Modeling (SANEM) forecasted that the rate would increase to 40.9 percent. Meanwhile, Bangladesh Institute of Development Studies (BIDS) projected that Covid-19 could ....

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