The
International Labour Organisation (ILO) has projected unemployment rate to
increase in Nepal.
The
unemployment rate that stands at 2.69 per cent is projected to increase to
2.71 per cent in the year 2014 and 2.72 per cent a year next in 2015, according
to a recent ILO report.
Though the
unemployment rate of the international labour agency and ground level scenario
does not match, unemployment covers people who are: out of work, want a job,
have actively sought work in the previous four weeks and are available to start
work within the next fortnight; or out of work and have accepted a job that
they are waiting to start in the next fortnight, according to the ILO
definition.
The
unemployment rate is calculated according to percentage of economically active
people who are unemployed on the ILO measure.
The
employment is still focused around informal and agriculture work, which is
generally poorly paid and lacks social protection, the annual report said,
adding that more than three-in-four workers are classified as in vulnerable
employment – in South Asia including Nepal – a proportion that has fallen only
slightly in recent years. "Around one-in-two workers are in agriculture
and only one-in-five receive a salary or wage."
According to
the recent Agriculture survey of Central Bureau of Statistics (CBS), some 71 per cent
of Nepalis are involved in subsistence agriculture.
Due to de-industrialisation
in the country and subsistence agriculture, some 1,700 youths leave the country
to Gulf and Malaysia in search of employment. Successive government's failure
in commercialisation of agriculture has made the agriculture less attractive as
it has lost competitiveness and detracted the youth from farm, though
involvement of economically active population has seen increased in agriculture
reducing the rate of unemployment to 2.69 per cent.
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