As the demand for the labour force is projected to increase from existing 63.5 million to 88.7 million in 2025, Bangladesh’s 10 leading sectors alone need 5.43 million trained labours in 2020 and 7.21 million in 2025, according to a study report.
The study report, styled "Labour Market and Skill Gap in Bangladesh" was released by Bangladesh Institute of Development Studies (BIDS) on Sunday.
BIDS prepared the report to review and assess the current status and emerging needs of the Bangladesh economy in terms workforce especially in priority sectors and to project future skill needs in order for the country to achieve higher growth in these sectors.
Senior Secretary of the Finance Division Hedayetullah Al Mamoon delivered welcome speech while Director General of BIDS KAS Murshid made a power point presentation on the report.
According to the report, about 76 per cent skill gap is existed in the agro-food sector which is the highest out of the nine priority sectors.
While highlighting the skill gap in the RMG sector, Murshid said there are 8,577 unskilled, 48,130 semi-skilled and 1,19,479 skilled workers.
Skill gap for "skilled workers" is also high (40 per cent) in the IT sector as demand here is mainly for skilled and semi-skilled labour, he added.
The report also said the labour demand of agro-food sector will be increased to overall 261 per cent in financial year 2025-26 while 54 percent in construction, 55.05 in health care, 100 per cent in ICT and 107 percent in leather goods.
In FY26, 35 per cent skilled, 32.8 per cent semi-skilled and 33.1 per cent unskilled labour demand will be in hospitality and tourism sector while 3.17 per cent unskilled, 48.75 per cent semi-skilled and 122.6 per cent skilled labour demand will be in RMG sector.
The shipbuilding sector will be the most demandable sector in FY26 where there will be labour demand of 677 per cent for unskilled manpower, 677 per cent semi-skilled manpower and 577 per cent skilled manpower, according to BSS.
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