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Institutional Responsibility and Unemployment Problem in Bangladesh


Job seekers



Are institutions designed to prepare our workforce effectively failing to meet the demands of the modern job market?



There seems to be a problem with how well our education system is getting people ready for today's jobs. Many graduates lack the skills that employers need. This gap between what people know and what they need to know is leaving many struggling to find good jobs. In Bangladesh, where the job market is tough and pay is often low, this issue is particularly acute.


A recent survey by the Bangladesh Bureau of Statistics showed that more graduates are struggling to find work. The number of unemployed graduates has doubled in the last five years, with the unemployment rate among those with higher education rising from 11.2% in 2016-17 to 12% in 2022. This means that around 4 lakh graduates were unemployed in FY17, and this number has likely increased since then.


So, why are people getting stuck in the job market? One reason is that they're not learning the right skills in school. Many students graduate with degrees in subjects like Bangla, philosophy, history, and arts, which don't always lead to jobs. These subjects might not be helping them in the long run.


Another issue is that many students focus too much on one exam—the Civil Services Examination—hoping to get a government job. But this exam is very tough, and most students end up disappointed. On average, 450,000 to 500,000 candidates apply for the BCS exam every year, but the success rate is only about 0.2%.


What can schools do to help? They could focus more on teaching practical skills that employers want. By partnering with companies, they could give students real-world experience. Schools could also offer more options for degrees, so students can pick what's best for them. And they should keep updating what they teach to match what's needed for jobs.


In short, to tackle the problems in the job market, we need to move towards a more skills-based education system that better prepares students for the realities of work life.



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