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Global Education Crisis: Unemployment Soars Among Graduates

9/22/2025

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Story summary
  • Bangladesh faces a crisis of educated unemployment, with one in three unemployed individuals holding a degree.
  • The Ministry of Education plans to establish Employment & Entrepreneurship Development Centres at universities to bridge the skills gap.
  • Graduates struggle to find jobs due to a disconnect between education and market needs, causing financial strain on families.
  • South Africa experiences escalating job losses, prompting calls for a national summit to address economic stagnation.
  • South Korea's startup sector sees a significant employment downturn, with successful hires halving in three years amid increased competition and mass layoffs.