Bhutan Confronts Unemployment and Inequality Challenges Amid Private Sector Struggles
-
Bhutan faces challenges in creating enough private sector jobs, leading to high unemployment among educated workers and increased overseas migration.
-
Quality jobs are concentrated in the public sector, while women, low-skilled and rural workers lack access to productive employment.
-
The private sector is dominated by low-productivity microenterprises and faces barriers to growth like investment climate issues and state-owned enterprise competition.
-
Policies are needed to promote high value-added sector growth, improve conditions for firm growth, and boost human capital to address the labor market challenges.
-
Targeted interventions can create an environment fostering inclusive job creation and productivity improvements in both rural and urban areas.