** People rescuing an injured passenger from inside a passenger bus hit by a truck on Dhaka-Mawa Expressway in Shologhar area of Shreenagar upazila in Munshiganj on Thursday. ** Motorcycles allowed on Padma Bridge after 10 months ** Commuters charge extra fare, passengers disappointed ** 78 people killed in Yemen stampede ** Moon sighting committee meets today to ascertain Eid day ** 9 killed in road accidents in 3 districts ** US announces new $325 m military aid package for Ukraine ** Eid-ul-Fitr in Saudi Arabia today ** Eid exodus begins ** LPG price cut illusive ** 15 hurt as bus overturns in capital ** New interbank cheque clearing timings set for Eid holidays ** Four women hit by a train die in Tangail ** 12.28 lakh SIM users left Dhaka on Tuesday ** Sylhet engineer threatened over power outage ** People rush to village homes to spend Eid holidays with their near and dear ones. This photo was taken from Sadarghat Launch Terminal on Tuesday. NN photo ** Surge in cases of dehydration, diarrhoea amid summer heat wave ** Padma Bridge construction cost increases by Tk 2,412cr ** PM gives Tk 90m to Bangabazar fire victims ** Textile workers block highway demanding wage, Eid bonus ** Attack on PM's motorcade Ex-BNP MP, 3 others get life term ** Load-shedding increases for demand of electricity during heat wave ** Motorbikes to be allowed on Padma bridge from Thursday ** 5-day Eid vacation begins from today ** Take Nangalkot train accident as a warning about negligence of govt functionaries **

Bangladesh’s total labour force is 7.34 crore, 26.3 lakh are jobless: BBS

30 March 2023

Staff Reporter  :
Out of the total labour force, the number of unemployed people in Bangladesh is now 26.3 lakh, according to the Labour Force Survey (LFS) released by the Bangladesh Bureau of Statistics (BBS) on Wednesday.
Among them, the number of unemployed men is 16.9 lakh, and the number of unemployed women is 9.4 lakh.
According to the Bureau of Statistics, the unemployment rate in the country has decreased to 3.6 per cent, which was 4.2 percent in 2017.
The latest LFS showed that the total labour force rose to 7.34 crore in 2022 from 6.35 crore five years ago. Out of the total labour force 7.34 crore, currently there are 7.077 crore people engaged in work.
It is said at the meeting that this huge unemployed population does not even have the opportunity to work for one hour a week, according to the standards set by the International Labour Organization (ILO).
The ILO believes that individuals who are willing and seeking employment, but do not got the opportunity to work even one hour a week, should be considered as unemployed.
According to a report by BBS, significant changes have been observed in the labour market indicators over the past five years. The results of 2022 show a decrease in the unemployment rate.
There has been a significant change in the participation rate of skilled labor force in the workforce, especially with the increased participation of women in the labor market. The participation of women in labour force has now increased by 42.68 per cent, while it was 36.3 per cent five years ago
The participation rate of youth in the labor market has also increased. The participation of skilled labor force in agriculture and services has increased as well.
Planning Minister M A Mannan and State Minister for Planning Ministry Shamsul Alam were present on the occasion.

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