Need for correct statistics on unemployment

FE Team | Published: November 04, 2020 19:41:57

The number of unemployed people in the country is officially estimated at 2.7 million. There are contradictory figures about the statement of employment or unemployment. Even the method of how a person is considered employed is considered as flawed since disguised unemployment is not well-defined. Around 50 per cent of the educated youths were earlier found to be unemployed.
There is no reason to believe that the situation has improved after the outbreak of the coronavirus. Rather more people have lost working opportunities while new workforce cannot be absorbed at home or abroad. A former caretaker government adviser said he did not believe the figures on employment. So, there is a need for producing more accurate statistics and take remedial measures.
SB Newton
New Eskaton, Dhaka
kuthibari@yahoo.com