Unemployment rate in Bangladesh
After 2008 the highest unemployment rate was 5% in 2009 and the lowest unemployment rate was 3.38% in 2010. After 2010, the unemployment rate increases again till 2013 when it was 4.43%. Then the unemployment rate is decreasing slowly in 2017, 2018, 2019 it was respectively 4.37%, 4.28% and 4.19%. The total unemployed person in 2016 was 2.7 billion and in 2019 it was about 2.6 billion.
The total labor force of this country in 2019 is 69,706,740. Those laborers are 15+ years older and 30.52 percent are female workers.
Bangladesh unemployment rate data
Causes of unemployment in Bangladesh
- Overpopulation: Higher population growth rate and overpopulation is the principal reason of unemployment in this country. The population is increasing day by day but there is a shortage of investment.
- Underdeveloped economy: The economy of Bangladesh is underdeveloped and based on agriculture. It is very hard to employ all the people in an underdeveloped economy.
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