Foreign employment market sees recovery Jun-10-2010
In line with the gradual recovery of destination countries from global economic meltdown, the number of Nepali job seekers leaving for overseas destinations saw a growth of 18.5 percent in first nine months of fiscal year 2009/10 as compared to corresponding period last year.
According to data compiled by the Department of Foreign Employment (DoFE), the number of Nepalese leaving for overseas jobs increased to 202,794 during the period this year from 171,244 during the same period last year.
Nepali overseas job markets saw slump for a year starting November 2008. Around 18,687 Nepalese left the country for foreign employment between mid-November to mid-December 2008. A month ago, the number was around 20,514.
The number of Nepali workers who left Nepal for overseas employment in April last year dipped sharply to 7,819, owing largely to global economic crisis.
Nepali labour market abroad had reeled under negative growth till mid-November last year due mainly to global economic recession. The scenario, however, improved in mid-December 2009 and continued till last month of Baisakh (mid-March to mid-April).
Recently unveiled data showed that 5,918 Nepalese left Nepal in Mangsir, 7,902 in Poush, 7,722 in Magh, 3,658 in Fagun and 11,456 in Chait for over six dozen destination countries.
Chait (mid-March to mid-April) saw a surge in demand for Nepali workers in the destination countries with 29,555 (28.41 percent increase) Nepalese obtaining jobs as against 21,158 in the previous month. When compared with the previous year’s data, this was 38.76 percent more.
