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The Financial Express

One-third of BD youth not in education, employment or training

FE Online Report | Published: January 20, 2020 19:34:28 | Updated: January 21, 2020 10:52:38


One-third of BD youth not in education, employment or training

One-third of the youth in Afghanistan, Bangladesh, Pakistan and Sri Lanka are not in education, employment or training (NEET) and the rate is 40 per cent in India.

The World Economic Situation and Prospects (WESP) 2020, released by the United Nations  last week, presented the scenario.

“Gender barriers to accessing labour market opportunities lead to large discrepancies between the labour force participation rates for men and women around the world,” said the report.

“In South Asia, for example, only around one in four women participates in the labour force,” it added. “Situations such as these undermine efforts to achieve gender equality goals and reinforce the significant underutilisation of labour.”

The report, however, showed that gender pay gap is very low in Bangladesh compared to many developing and developed countries.

Using the statistics of International Labour Organisation (ILO), the UN report showed that gender pay gap by hourly wages is negative in Bangladesh, around -4.70 per cent while the average gap in lower-middle income country is 16.90 per cent.

Again, the gap by monthly earnings is estimated at 2.2 per cent in Bangladesh against the average 21.40 per cent gap in lower-middle income country category.

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