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Tushar Ahmed Shishir – 18376003
Md. Sohanur Rahman – 18176010
UNEMPLOYMENT
Lack of jobs for those who are able and
willing to work at the prevailing wage
Gap between the potential “full
employment” and number of employed
persons
UNEMPLOYMENT
VOLUNTARY
INVOLUNTARY
STRUCTURAL
DISGUISED
SEASONAL
CYCLICAL
FRICTIONAL
CLASSIFICATION
Unemployment and Bangladesh
• Second highest educated
unemployment rate
• Unemployment rate is 4.2%
• 60.80 million unemployed people
• Youth unemployment have
doubled between 2010 and 2017
UNEMPLOYMENT RATE IN BANGLADESH
Unemployment in Bangladesh
Incompatibility between skills
and job requirements
Mismatch between population
growth and economic growth
Disproportion between higher
education and job opportunities
Not
embracing
new trends
Lack of
experts
Lack of sound
educational
policies
Poor
family
planning
Political
disturbance
Poor
economic
planning
Large
numbers
of higher
education
institutions
Limited
investment
Poor
utilization
of
resources
Increased number of unemployed graduatesStagnant development Wastage of resources
Increased
family
conflict
Poverty
Increased
crime and
insecurity
Frustration
Reduced
economic
growth
Reduced value
of higher
education
Poor living
standards
Decline of
life
expectancy
Causes
The Problem Tree
Effects
Solutions
Balance between skills, job opportunities and higher
education
Reorientation of educational policy
A Change in the investment pattern
Encouragement to small organizations
Subsidies on the basis of employment
Encouragement of new growth centers in small towns and rural areas
Mitigate unemployment in Bangladesh
Balance between skills, job opportunities and higher education
Ready to
embrace
new trends
Hiring
Educational
experts
Developing sound
educational
policies
Political
support
Standard
economic
planning
Adequate
orientation
and selection
of higher
education
institutions
High
investment
Effective
utilization
of
resources
Reduced number of unemployed graduatesRobust development Efficient use of resources
Reduced
family
conflict
Wealth
Reduced
crime and
insecurity
Safe and
sound
career
Increased
economic
growth
Increased
value of higher
education
Reduced
Poverty
Narrow gap
between poor
and rich
Inputs
The Objective Tree
Outputs
NARRATIVE
SUMMARY
VERIFIABLE INDICATORS MEANS OF VERIFICATION ASSUMPTIONS
GOAL
To increase higher education
graduates employability and
employment opportunities
1. Increase of job creation and
demand for labor
2. Higher number of job
holders
1. Data from national statistics, research
boards and ministries in charge of labor
2. Less number of complaints and job
seekers from higher education
1. Data on employment are
continuously collected,
safeguarded and updated
2. Country's economy remains
promising
3. The private sector fast grows
to gives employments
OBJECTIVE
Attain a balance between skills,
job opportunities and higher
education
1. Revised university curricula
2. Governments policies and
actions
3. Partnerships with
educational stakeholders
1. University prospectus, program
specifications and module descriptions
2. Researches conducted on knowledge and
labor market skills requirements
3. Memorandum of understanding signed
1. Collaboration with all potential
stakeholders remains high
2. Required resources are
available
3. Trust and security remain
incontestable
RESULTS
1. Reduced poverty
2. Increase of life expectancy
3. Increased value for higher
education
4. Reduced crimes and
insecurity
1. Improvement in people's
living conditions
2. Quantity and quality of
higher education graduates
3. Peaceful society
4. Boosting economy
1. The countries GDP, income per capita and
Gross national product
2. Higher education graduation booklets
3. Findings on higher education graduates
fitness for purpose in the labor market
4. Police and judiciary reports
5. Data for development and investment
bodies and institutions
1. Monitored economy and proper
actions taken in good time
2. Higher education quality
assurance entities fulfill their
tasks as due
3. Visionary and strong leadership
4. Strong collaboration with
all potential stakeholders
Logical framework to mitigate unemployment from Bangladesh
NARRATIVE SUMMARY VERIFIABLE INDICATORS MEANS OF VERIFICATION ASSUMPTIONS
ACTIVITIES/INPUTS
1. Involvement of educational
experts
2. Implementing educational
policies
3. Availability of reliable
statistics
4. Political support
5. Enhancing higher education
6. High investments
7. Promote creativity and
innovation
8. Effective utilization of
resources
1. Taskforces of local and
internal educational experts
are set
2. Revised and enhanced
educational policies
3. Regular consultative
meetings with
educational
stakeholders
4. National statistics bodies
are reinforced
5. Financial support for
effective macro-planning
6. Higher education
adequately supervised and
resourced
7. Increase in number of
investors
1. A comprehensive
educational policy
formulation, analysis,
review and
implementation advisory
committee is set
2. Minutes of the meetings
3. New directives and target
sets
4. Higher education staff
qualifications, budget
and other resources
inventory
5. Statistics from investments
bodies
6. Legal texts on
accountability and
disciplinary measures
7. Data from developmental
agencies
1. Willingness to change the
old paradigm
2. The findings are valued
and recommendations
implemented
3. Strong and democratic
leadership
4. The timely availability of
required budget
5. The general population
sensitization on job
creation, self-employment
is at highest
6. Higher education
institutions strive to
meet the required
graduates and social
expectations
References
• Bangladesh Employed Persons | 2019 | Data | Chart | Calendar | Forecast. (2019). Retrieved from
https://tradingeconomics.com/bangladesh/employed-persons
• Bangladesh Unemployment rate - data, chart | TheGlobalEconomy.com. (2019). Retrieved from
https://www.theglobaleconomy.com/Bangladesh/Unemployment_rate/
• BD’s jobless rate to remain static at 4.4pc in 2018, 2019. (2019). Retrieved from
http://today.thefinancialexpress.com.bd/print/bds-jobless-rate-to-remain-static-at-44pc-in-2018-2019-
1516729532
• Field Listing :: Unemployment rate — The World Factbook - Central Intelligence Agency. (2019). Retrieved
from https://www.cia.gov/library/publications/resources/the-world-factbook/fields/220.html
• Two major unemployment concerns for Bangladesh. (2018, November 18). Retrieved from
https://www.thedailystar.net/editorial/news/two-major-unemployment-concerns-bangladesh-1662313
THANK YOU

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Unemployment

  • 1. Tushar Ahmed Shishir – 18376003 Md. Sohanur Rahman – 18176010
  • 2. UNEMPLOYMENT Lack of jobs for those who are able and willing to work at the prevailing wage Gap between the potential “full employment” and number of employed persons
  • 4. Unemployment and Bangladesh • Second highest educated unemployment rate • Unemployment rate is 4.2% • 60.80 million unemployed people • Youth unemployment have doubled between 2010 and 2017
  • 5. UNEMPLOYMENT RATE IN BANGLADESH
  • 6. Unemployment in Bangladesh Incompatibility between skills and job requirements Mismatch between population growth and economic growth Disproportion between higher education and job opportunities Not embracing new trends Lack of experts Lack of sound educational policies Poor family planning Political disturbance Poor economic planning Large numbers of higher education institutions Limited investment Poor utilization of resources Increased number of unemployed graduatesStagnant development Wastage of resources Increased family conflict Poverty Increased crime and insecurity Frustration Reduced economic growth Reduced value of higher education Poor living standards Decline of life expectancy Causes The Problem Tree Effects
  • 7. Solutions Balance between skills, job opportunities and higher education Reorientation of educational policy A Change in the investment pattern Encouragement to small organizations Subsidies on the basis of employment Encouragement of new growth centers in small towns and rural areas
  • 8. Mitigate unemployment in Bangladesh Balance between skills, job opportunities and higher education Ready to embrace new trends Hiring Educational experts Developing sound educational policies Political support Standard economic planning Adequate orientation and selection of higher education institutions High investment Effective utilization of resources Reduced number of unemployed graduatesRobust development Efficient use of resources Reduced family conflict Wealth Reduced crime and insecurity Safe and sound career Increased economic growth Increased value of higher education Reduced Poverty Narrow gap between poor and rich Inputs The Objective Tree Outputs
  • 9. NARRATIVE SUMMARY VERIFIABLE INDICATORS MEANS OF VERIFICATION ASSUMPTIONS GOAL To increase higher education graduates employability and employment opportunities 1. Increase of job creation and demand for labor 2. Higher number of job holders 1. Data from national statistics, research boards and ministries in charge of labor 2. Less number of complaints and job seekers from higher education 1. Data on employment are continuously collected, safeguarded and updated 2. Country's economy remains promising 3. The private sector fast grows to gives employments OBJECTIVE Attain a balance between skills, job opportunities and higher education 1. Revised university curricula 2. Governments policies and actions 3. Partnerships with educational stakeholders 1. University prospectus, program specifications and module descriptions 2. Researches conducted on knowledge and labor market skills requirements 3. Memorandum of understanding signed 1. Collaboration with all potential stakeholders remains high 2. Required resources are available 3. Trust and security remain incontestable RESULTS 1. Reduced poverty 2. Increase of life expectancy 3. Increased value for higher education 4. Reduced crimes and insecurity 1. Improvement in people's living conditions 2. Quantity and quality of higher education graduates 3. Peaceful society 4. Boosting economy 1. The countries GDP, income per capita and Gross national product 2. Higher education graduation booklets 3. Findings on higher education graduates fitness for purpose in the labor market 4. Police and judiciary reports 5. Data for development and investment bodies and institutions 1. Monitored economy and proper actions taken in good time 2. Higher education quality assurance entities fulfill their tasks as due 3. Visionary and strong leadership 4. Strong collaboration with all potential stakeholders Logical framework to mitigate unemployment from Bangladesh
  • 10. NARRATIVE SUMMARY VERIFIABLE INDICATORS MEANS OF VERIFICATION ASSUMPTIONS ACTIVITIES/INPUTS 1. Involvement of educational experts 2. Implementing educational policies 3. Availability of reliable statistics 4. Political support 5. Enhancing higher education 6. High investments 7. Promote creativity and innovation 8. Effective utilization of resources 1. Taskforces of local and internal educational experts are set 2. Revised and enhanced educational policies 3. Regular consultative meetings with educational stakeholders 4. National statistics bodies are reinforced 5. Financial support for effective macro-planning 6. Higher education adequately supervised and resourced 7. Increase in number of investors 1. A comprehensive educational policy formulation, analysis, review and implementation advisory committee is set 2. Minutes of the meetings 3. New directives and target sets 4. Higher education staff qualifications, budget and other resources inventory 5. Statistics from investments bodies 6. Legal texts on accountability and disciplinary measures 7. Data from developmental agencies 1. Willingness to change the old paradigm 2. The findings are valued and recommendations implemented 3. Strong and democratic leadership 4. The timely availability of required budget 5. The general population sensitization on job creation, self-employment is at highest 6. Higher education institutions strive to meet the required graduates and social expectations
  • 11. References • Bangladesh Employed Persons | 2019 | Data | Chart | Calendar | Forecast. (2019). Retrieved from https://tradingeconomics.com/bangladesh/employed-persons • Bangladesh Unemployment rate - data, chart | TheGlobalEconomy.com. (2019). Retrieved from https://www.theglobaleconomy.com/Bangladesh/Unemployment_rate/ • BD’s jobless rate to remain static at 4.4pc in 2018, 2019. (2019). Retrieved from http://today.thefinancialexpress.com.bd/print/bds-jobless-rate-to-remain-static-at-44pc-in-2018-2019- 1516729532 • Field Listing :: Unemployment rate — The World Factbook - Central Intelligence Agency. (2019). Retrieved from https://www.cia.gov/library/publications/resources/the-world-factbook/fields/220.html • Two major unemployment concerns for Bangladesh. (2018, November 18). Retrieved from https://www.thedailystar.net/editorial/news/two-major-unemployment-concerns-bangladesh-1662313