Thursday, August 4, 2011

Unemployment in Nepal


Add caption
In Nepal, people from low-opportunity areas have always moved to areas where jobs are aplenty. Manufacturing and agricultural labor force in Nepal lacks the necessary training and skills to succeed in construction, education or financial sectors. This lack of transferable skills among the labor from different sectors has resulted in growing structural unemployment in Nepal.
The Nepali economy has been growing steadily at around 3 percent a year. Manufacturing industry, which depends on huge amounts of energy for production, has been severely handicapped due to load-shedding and lack of alternative energy options. The solution, currently in use and promoted by our government, has been to send these low-skilled laborers abroad for jobs. Studies in many nations that faces employment migration have shown, repeatedly, that remittance does not create jobs and has no contribution in reducing inequality. We are losing a large chunk of our labor force, during its prime and most productive years, to some other country due to lack of a better opportunity here at home which is a big shame.

No comments:

Post a Comment