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Wage workers in double whammy | The Daily Star

Wage growth falls to six-year low while inflation edging up
Tue Jul 20, 2021 12:00 AM
The deceleration in wage growth along with the rise in inflation means workers’ purchasing power has dwindled in the most challenging period of their lives. Photo: Star/file >
The deceleration in wage growth along with the rise in inflation means workers’ purchasing power has dwindled in the most challenging period of their lives. Photo: Star/file
Wage labourers in Bangladesh passed a gruelling year as their income growth dropped to a six-year low in the last fiscal year, whereas living expenses went up amid rising inflation, official figures showed. ....

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Race to the bottom must end | The Daily Star

Race to the bottom must end | The Daily Star
thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.

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Little done for SMEs, job loss | The Daily Star

The budget has not proposed any direct cash support to revive the cottage, micro, small and medium enterprises (CMSMEs) sector, where millions of workers lost jobs, though the government proposed some short tax-relief measures. Rather, Finance Minister AHM Mustafa Kamal emphasised proper implementation of the previous stimulus packages of more than Tk 1.24 lakh crore for them. ....

Nazneen Ahmed , Mustafa Kamal , Rizwanul Islam , Faruque Hassan , Tasneem Siddiqui , Khondaker Golam Moazzem , Mustafizur Rahman , Ali Zaman , Selim Raihan , Masudur Rahman , Asian Network On Economic Modeling Sanem , University Of Dhaka , Bangladesh Institute Of Development , International Labour Organization , Centre For Policy Dialogue , Owners Association Of Bangladesh , Bangladesh Bureau Of Statistics , Exporters Association , Finance Minister , Bangladesh Bureau , South Asian Network , Economic Modeling , Policy Dialogue , Bangladesh Institute , Development Studies , Bangladesh Garment Manufacturers ,

Experts for medium-term strategy for inclusive recovery | Bangladesh Sangbad Sangstha (BSS)

Experts for medium-term strategy for inclusive recovery
253
DHAKA, May 5, 2021 (BSS) – Experts at a dialogue today observed that policy responses in view of the employment scenario and the labour market need to be designed considering immediate, short term and medium term ramifications of the pandemic.
They opined that the COVID-19 pandemic and its impacts are still unfolding and there is a heightened need to monitor the impacts of attendant developments on the labour market scenario on a continuous basis.
To sustainably enhance decent job opportunities, the private sector will need to play a more decisive role, they mentioned.
For this to happen, they also observed that investment in infrastructure, strengthening of labour market institutions, emphasis on skill development and reforms in doing business will be called for to attract private investment from both domestic and foreign sources. ....

Kamrant Rahman , Rizwanul Islam , Rehman Sobhan , Rizwan Rahman , Mustafizur Rahman , Fahmida Khatun , Tapan Chowdhury , Dipankar Datta , Towfiqul Islam Khan , Debapriya Bhattacharya , Business Initiative Leading Development , International Labour Organization , Team Leader Of The , Centre For Policy Dialogue , Senior Research , European Union , Dhaka Chamber , Bangladesh Employer Federation , Policy Dialogue , Senior Research Fellow , Former Advisor , Caretaker Government , Managing Director , Square Pharmaceutical , Independent Economist , Former Special Advisor ,

Jobs restored, incomes not | The Daily Star

Jobs restored, incomes not
Pandemic-hit respondents say in CPD-Oxfam survey
Carrom helps staff of inter-district launches keep occupied since restrictions continue to be imposed on vessel movements since April 14. People’s working hours have shrunk significantly and they have cut food and other expenditures, says a survey. The photo was taken near Shyambazar area in Dhaka recently. Firoz Ahmed
Star Business Report
Star Business Report
Although almost all the people who had lost their jobs in April to May last year because of the pandemic-induced economic downturn found jobs by February, 86 per cent said they are not earning enough to meet their daily necessities, according to a survey. ....

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