unemployment
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Unemployment in asia is set to rise as the modernization of agriculture displaces farmers who will have to seek work elsewhere, threatening to cloud prospects for regional economic growth, the Asian Development Bank (ADB) has warned. Sixty per cent of the workforce in the region's developing countries are farmers, but the agriculture sector accounts for only about 22 per cent of total economic output. The ADB warns that "high Unemployment could seriously undermine Asia's dynamism". "Social stability and security in developing Asia hinge on the significant creation of employment opportunities," it says. We in Sri Lanka have also experienced these trends, as modernisation embraces agriculture. One tractor can drive out several workers off the fields. Another issue is that the young generation is reluctant to take up farming despite the advent of new technology that makes it less labour intensive. The result is a greater demand for white collar jobs that Governments are increasingly hard pressed to find. Unemployment remains a serious problem in this country. The UPFA Government has rightly perceived the need for creating more employment opportunities in a variety of sectors including agriculture...