As autumn leaves begin to fall across our nation, a pressing issue remains unsheltered in the shadows of our economic progress: youth unemployment. The latest Labour Force Survey (LFS) report, released by the National Statistics Bureau, reveals a slightly optimistic trend with the youth unemployment rate dropping to 16.5 percent in the third quarter from 19.2 percent in the previous quarter. While this decline offers a glimmer of hope, the numbers tell a more complex and concerning story that demands our immediate attention.
The total number of unemployed youth aged 15 to 24 stands at 6,885, with a stark gender disparity: 38.4 percent male and 61.6 percent female. This significant overrepresentation of young women among the unemployed highlights a critical gender gap that our society can no longer afford to ignore. Why are young women disproportionately affected? Factors may include limited access to certain industries, societal expectations, and perhaps even discriminatory hiring practices. Addressing these underlying causes is essential for fostering an inclusive and equitable job market.
Urban areas bear a larger brunt of youth unemployment, with 52.8 percent of unemployed youth residing in cities compared to 47.2 percent in rural regions. This urban predominance suggests that the economic opportunities promised by our cities are not reaching the young populations who need them most. High living costs, competitive job markets, and a mismatch between available jobs and the skills of young job seekers contribute to this urban challenge. Our urban centers must become hubs of opportunity, not just hubs of competition and exclusion.
Regionally, disparities persist. Samdrupjongkhar records the highest unemployment rate at 5.6 percent, followed by Thimphu at 4.2 percent. In thromdes, Phuentsholing’s alarming 10.3 percent unemployment rate contrasts sharply with Gelephu’s modest 5 percent. These regional differences underscore the need for tailored economic policies that address the unique challenges and opportunities within each area. A one-size-fits-all approach will not suffice in tackling the multifaceted nature of unemployment across our diverse nation.
Education levels further complicate the landscape. The highest unemployment rates are among those with higher secondary education (5,646 individuals), followed by bachelor’s degree holders (2,246) and those with middle secondary education (1,778). This paradox of higher education not necessarily translating into better employment prospects raises questions about the relevance and alignment of our educational systems with market demands. It calls for a reevaluation of curricula, greater emphasis on vocational training, and stronger partnerships between educational institutions and industries to ensure that our youth are equipped with the skills employers truly need.
Despite the overall national unemployment rate decreasing to 3.1 percent, the figures reveal that youth unemployment remains a significant issue. Out of 391,113 economically active individuals, 12,090 were unemployed but actively seeking work. With an employment rate of 96.9 percent, it is clear that while many are employed, the quality and sustainability of these jobs must also be scrutinized to ensure they provide long-term security and growth opportunities for our young population.
Addressing youth unemployment requires a multifaceted approach. Policymakers must prioritize creating job opportunities that align with the aspirations and skills of young people, particularly women. Investing in education and vocational training programs that are responsive to the evolving job market is crucial. Additionally, fostering an entrepreneurial ecosystem can empower young individuals to create their own opportunities, reducing dependence on traditional employment routes.
As a society, we must recognize that our youth are not just the leaders of tomorrow but the active contributors of today. High youth unemployment not only stifles individual potential but also hampers national economic growth and social stability. It is incumbent upon all stakeholders—from government and businesses to educational institutions and communities—to collaborate in creating a robust and inclusive job market that embraces and empowers our young people.
In conclusion, while the recent decline in youth unemployment provides a ray of hope, it is merely the beginning of a long journey toward meaningful and sustained employment for our young generation. Let us commit to bridging the gap between education and employment, ensuring that every young person, regardless of gender or geographic location, has the opportunity to thrive and contribute to our nation’s prosperity.