Bangladesh’s job rate exceeds global average: ILO

16 February, 2019 12:00 AM printer

International Labour Organisation (ILO) has said the employment rate in Bangladesh and other countries in Asia and Pacific region exceeded the global average, reports BSS.

The UN agency expects that the unemployment in Bangladesh will remain below the global average in the coming years thanks to government’s social protection measures.

“The regional unemployment rate [in Asia and Pacific countries including Bangladesh] is projected to remain at around 3.6 percent until 2020, below the global average,” the ILO said in its World Employment and Social Outlook: Trends 2019 (WESO), released recently.

It said the global average of the unemployment rate is 5.6 percent while the figure is around 3.6 percent in Bangladesh and other Asia and Pacific nations. 

ILO attributed Bangladesh’s better employment scenario to significant social protection measures while the countries with higher poverty rates lacked such measures.

The global labour watchdog, however, said structural transformation moved huge workers out of agriculture, but this could not create significant improvements in job quality in the region.

It found a large proportion of workers lacked job security, written employment contracts and income stability.

“Like many countries in the region, Bangladesh is facing a number of challenges related to job security, child labour, and equal and fair payment for women workers,” ILO Bangladesh Country Director Tuomo Poutiainen said coinciding with the release of the study.

He said if Bangladesh was to meet the Sustainable Development Goals (SDGs) by 2030 there was a need to ramp up its efforts on improving social protection, skills training and occupational safety and health.

“Bangladesh needs to create millions of decent and sustainable jobs each year if it wants to reduce poverty and reach middle-income status.

Poutiainen, however, said Bangladesh government made important progress in these areas and continued to move forward to work on many important labour reforms jointly with ILO and other development partners.

Bangladesh’s Labour and Employment ministry along with the Planning Commission recently commenced a work with ILO on a comprehensive jobs strategy.

The ILO country chief expected the initiative to contribute to new employment initiatives with a special focus on women and youth.

The ILO report reveals a majority of the 3.3 billion people employed globally in 2018 had inadequate economic security, material well-being and equality of opportunity.