The ‘Jobs Diagnostic’ showed the annual growth rate of employment fell to 1.8 percent in 2010-15 after growing 2.7 percent annually between 2003 and 2010. Thomas Farole, the lead author of the World Bank Jobs Diagnostic, said the relationship between GDP growth and jobs growth is not “straightforward”. And job growth was also fairly steady through 2010,” he told bdnews24.com. “But more recently jobs growth has slowed down, even though GDP growth has actually increased a bit. The World Bank team used the labour force surveys, economic census and survey on manufacturing industries of the Bangladesh Bureau of Statistics for their analysis.

Source: bd News24 June 05, 2017 16:40 UTC