Job circular reduced by 87% in Bangladesh: ADB
Published: 09:49 PM, 29 May 2020
The rate of online job circulars in Bangladesh has reduced by 87 percent in April this year as compared to April last year. Job circulars have declined the most in the clothing and education sectors.
This information came up in a report of the Asian Development Bank (ADB) on Friday, saying “despite the reduction in circulars, NGOs are in the best position among the sectors.”
It is learned that the data of the top two online portals on employment in Bangladesh and Sri Lanka have been analyzed during the preparation of this report.
According to the ADB, the number of job circulars issued in December 2019 was almost the same as in January 2020. However, compared to last year, the rate of job circulars has decreased by 87 percent in April this year. However, the rate of job circulars in February this year was only one percent lower than in February last year.
The report says Sri Lanka is in better shape than Bangladesh. Compared to last year, the number of job circulars in the country has decreased by 70 percent in April this year. Where in Bangladesh, it has decreased by 87 percent.
According to the report on Bangladesh, the country went on a general holiday after COVID-19 was identified in March this year. And from the third week of March, the job circular has been decreasing.
Job circulars have dropped dramatically in all sectors. Compared to 2019, in April 2020, the readymade garments and education sector declined by 95 percent, manufacturing by 92 percent, health by 82 percent, ICT by 81 percent, and NGOs by 64 percent.
According to the report, the NGO sector is in a better position than any other sector. This is probably to help the development in the coronavirus situation.