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However, the major causes of this problem in Nepal are overpopulation, unskilled human resources, lack of technical and practical education etc. Besides these, lack of industries and factories, lack of education to be self employed, etc. are other causes of unemployment problem in Nepal.
Unemployment Rate in Nepal is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nepal Unemployment Rate is projected to trend around 2.60 percent in 2020, according to our econometric models.