Increasing demand of workers in the aftermath of the global financial crisis has lead to an upsurge in Nepali job seekers for overseas destinations. Latest data show a whopping 18.5% rise in first nine months of 2009/10 as compared to corresponding period last year. Full Story »
Posted by Jon Mitchell
I know Nepali labor statistics might not seem relevant at first glance, but this story actually highlights a pretty interesting and extreme effect of globalization of labor and markets. As soon as the global economy showed signs of growth again, Nepalis began emigrating for work en masse, and this article points out some interesting side effects, such as a passport shortage.
Statistics mentioned here clearly show a rise in Nepali migration for work. An interesting snapshot of a country and economy not widely reported on in western MSM.
Retrieving Comments
