More Than 70,000 Jobseekers Projected To Hit Bhutan’s Job Market In The Next 5 Years
About 70,469 jobseekers are projected to be in the market in the next five years, according to Bhutan’s Labour Ministry’s jobseekers’ guide 2018.
By Staff Reporter Kuensel
About 70,469 jobseekers are projected to be in the market in the next five years, according to Bhutan’s Labour Ministry’s jobseekers’ guide 2018. The guide was developed in 2016 to aid jobseekers in finding gainful employment.
However, the 12th Plan Human Resource Development (HRD) master plan had actually projected about 66,000 jobseekers in the labour market.
As many as about 19,000 graduates are going to hit the job market in the next five years alongside 31,000 Class XII graduates and 15,260 Class X graduates.
Although there is no age limit to register as a jobseeker online, employment schemes were only made available to those between the ages of 18 and 26 years.
According to the guide, the labour force participation rate remained the same at about 62 percent while the female labour force participation rate decreased from 59.5 percent in 2013 to 54.5 percent in 2016.
The guide stated, “About 5,000 jobseekers will be skilled under the programme in the 12th Plan in which the areas of training will be guided by the HRD master plan for the economic sector.”
The three schemes which constitute the Guaranteed Employment Programme (GEP)
To address unemployment, the ministry established the Guaranteed Employment Programme (GEP), under which three programmes such as direct employment scheme, employment skills scheme, and the overseas employment scheme were introduced.
It stated that the school to work transition (STWT) programmes were provided to entrants and jobseekers to provide a sense of readiness for work and to make better decisions related to their choice of careers.
These programmes were funded through cost sharing and some were fully funded programmes in the government, corporate and private sectors based on the qualifications of the jobseekers and the nature of the job.
According to the guide, the Labour Ministry is expected to monitor the progress of the participant at least once in six months.
Overseas employment as an alternative route for jobseekers
The overseas employment scheme was also adopted to address unemployment, provide gainful employment to youth, and to contribute towards foreign currency reserves and remittances for Bhutan.
The Labour Ministry’s Director General, Sherab Tenzin said that for the optimal capitalisation of opportunities, job seekers were advised to visit the ministry’s website frequently.
They were also encouraged to attend job fairs and to keep themselves up to date with advertisements and announcements for jobs through the various media.
This article first appeared in Kuensel and has been edited for the Bhutan Times.