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WB working to create jobs and diversify exports in Bangladesh

Bangladesh faces a tremendous challenge. How will it provide jobs for the 20 million young people set to join the labor force over the next decade? In the past, the country relied on the garment sector to drive its economy and exports, as well as to employ many workers. This was successful in many ways. Today, Bangladesh is the world’s second largest producer of ready-made-garments in the world, and apparel comprises 83% of Bangladesh’s exports.

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WB Bangladesh jobs diagnostic report provides framework for comprehensive national jobs strategy

The World Bank published the Bangladesh jobs diagnostic report last month which "presents the characteristics and constraints of the labor market in Bangladesh, identifies the objectives of the jobs agenda, and proposes a policy framework to progress toward them." The report studies the various factors that affect the relationships between supply- and demand-side and influence creation, quality, and inclusion outcomes."

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