Nepal
Issues and Challenges
Every year 300,000 Nepalese youth enter into job market. However, the majority of them remain unemployed due to lack of employable skills. Out of Nepal’s workforce of ten million, only 16 percent are engaged in paid employment: the remaining is self employed with about four million working as unpaid family workers. The numbers of jobs available in the domestic job market are scant compared to amount of job seekers, particularly in the formal sector. Approximately 31 percent of Nepal’s population is living below the poverty line. Moreover, the majority of Nepal’s citizens leaves school early and they are not properly prepared for gainful economic activity. A vast number of adults have either not been to school or not received any technical education or vocational training. Nevertheless there is a lack of short and relevant training courses to equip the future workforce with occupational competencies. As a result, Nepal’s workforce lacks productivity in domestic as well as in overseas labour markets. Read more...