Study: 8% GDP needed to absorb surplus labour force in 15 yrs - News Summed Up

Study: 8% GDP needed to absorb surplus labour force in 15 yrs


The study titled “Bangladesh Employment Diagnostic Study Looking Beyond Garment” conducted by Asian Development Bank in collaboration with International Labour Organisation (ILO) was launched yesterday in the capital yesterday. “Growth should be focusing the employment generation as Bangladesh has surplus workforce which need to be absorbed to maintain an inclusive growth,” said Rizwanul Islam, lead research consultant of the study. According to the study, Bangladesh has to create jobs for 1.8 million people to absorb new entrants to the labor force. It has to generate employment for 2.51 million people per annum to absorb the surplus labor in 15 year. “For creating inclusive and sustainable growth, growth has to create jobs.


Source: Dhaka Tribune September 01, 2016 18:45 UTC



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