Unemployment and Underemployment

Unemployment and Underemployment

According to the Statics Nepal has a staggering Unemployment rate of about 50 % . In a country where only 10% of the people live in towns or cities and where about 80% of the people are dependent on agriculture for a living , it is not so uncommon to find people jobeless. Even the qualified manpower of Nepal is either deprived of job or is  forced to accept a job far below his / her acedamic qualifications. On average a working person earns about 10000 Rs a months which is just enough to sustain in the expensive attire . Due to this a major portion of the youths are forced to go abroad in search of good jobs or to earn money .  Those who aim to  get heigher education as well as earn go to countries like USA, UK , Australia , Canada , Denmark , Finland etc . Those with poor qualification go to gulf countries . In Nepal the situation is such that mere talency and qualification are not enough to get jobs . You have to be either top in the job or you need to have a relative or a person that backs you who is in heigher post . In other words Favouritism engulfs the workspace.

Due to the unemployment and insecurity in Nepal, all of the Nepalese youths want to get abroad. The applicant pool for 800 jobs in korea has reached 34,000, a ratio of 42.5:1, which is a very competitive figure and is an indication of the increasing frustration in Nepalese. Most of those applying are university students, another deterring fact that nobody expects anything from nepali education.