As 2024 begins, Bangladesh is at a crucial point, ready for big changes in its economy and workforce. Recent years have been tough, with global and local challenges. But the start of a new year brings hope and a chance to make better plans for a strong job market.
Understanding Today's Situation
Bangladesh's economy is strong thanks to textiles, farming, and money sent home by people working abroad. But with over 160 million people, finding enough jobs is a big challenge. The goal is not just to create jobs, but to make good, lasting jobs that fit the growing number of workers and help the economy stay stable.
Tech and Innovation: Leading the Way
Technology is a key area for creating lasting jobs in Bangladesh. With many young people, there's a great chance to grow digital skills and new ideas. Investing in new tech companies, better digital systems, and education can open up jobs in IT, online shopping, and digital services. This not only meets local needs but also makes Bangladesh competitive in the global digital market.
Green Economy: Moving Towards a Better Future
With climate change affecting the world, Bangladesh can lead in the green economy. Projects in renewable energy, eco-friendly farming, and green manufacturing can create jobs and help the environment. These areas are important for the country's long-term goals for a better future.
Improving Skills and Education
A strong job market needs skilled workers. Bangladesh should focus on education and training that matches what the job market needs. This includes technical skills and also people skills and learning about business. Working with companies to provide real training and apprenticeships can help connect education with actual jobs.
Government Policies and Working Together Globally
The government plays a big role in making a good environment for creating lasting jobs. Policies that attract foreign investment, support local businesses, and protect workers' rights are important. Also, working with other countries for sharing knowledge, financial support, and accessing markets can help Bangladesh build a strong job market.
Working Together
Creating a lasting job market in Bangladesh is everyone's job – not just the governments. It needs cooperation from private companies, schools, community groups, and international partners. As we start the New Year, we should all work together with hope and good plans to make a future where the economy grows and we take care of our planet.
Write Up By:
Dr. Tanvir Abir
Director, Career Development Center (CDC), DIU
