Nepal’s Struggles with Rising Unemployment
Summary
Nepal faces rising unemployment due to factors including open border immigration, limited economic growth, and skill mismatches, with youth migration increasing and regional disparities impacting job availability.
Key Points
- Nepal's open border with India allows a large Indian workforce, impacting employment opportunities for Nepalis.
- The country faces structural economic challenges with rising unemployment despite sluggish economic growth.
- Skill shortages coexist with unemployment as many job openings remain unfilled due to a lack of qualified candidates.
- Regional disparities exist with provinces like Sudur Paschim, Karnali, and Madhesh experiencing high unemployment and migration.
- Improving practical skills education, decentralizing industry, and promoting labor-intensive projects are critical for job creation.
