Bangladesh's Eighth Five Year Plan (2021-25): Development Strategy and Interests of the 'Left Behind'
2. Faultlines of the Recent Development
Experience
2.6 Disjuncture between aggregate and disaggregate outcomes
D. Employment Situation
a. Aggregate employment target was not achieved by 26%
During FY16-20, a total of 95 lakh new jobs were created against the targeted number of 129 lakh
Domestic employment situation was more adverse - 45% Shortfall
Against a target of 109 million domestic employment, was set as target whereas 6 million new Jobs were
created.
b. Share of "Not in Education, Employment, or Training" Population increased by 4.4%
The percentage of young 'NEET' population increased from 25.4% (LFS 2013) to 29.8% (LFS 2017)
c. Youth unemployment rate is significantly higher than the national average unemployment rate
In 2016-17, against a national average unemployment rate of 4.2%, the youth labor force (between 15
and 29 years) unemployment rate was about 10.6%.
Unemployment rate of educated youth was even more precarious
In 2016-17 more than one-third of the youth labour force with tertiary education (34.3%) remained
unemployed.
During the period of 2013 to 2016-17, 9.1% of Urban Women employment shifted from the formal
sector to the informal sector.
d. Gender-informalisation of female labour
Deb. Bhattacharya: Development Strategy and the Left Behind
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