chal tou technical education bna lay, I was only giving an example, the news wasn't that only Phds were applying for a clerks job but also people who had masters, bachelors and other degrees.
How is real state continuing to be a viable business? its that people(middle class) buying property around urban areas expecting the price of property to go up, as long as more people are migrating to that particular city. And when there is enough demand a monopoly man comes and buys from those middle class people and creating housing societies and etc. Foreign remittances are getting converted into property and not businesses that is the issue here. This is effecting in such a way that rich is getting richer without creating any reasonable amount of jobs.
You want our people to be as depressed as our neighbors? Ignorance is a bliss. Human nature is to have more and more, its a never ending well. There aren't enough jobs for every one. Businesses create jobs not "educated people" and for a business you already need money, either through a bank or by your own. Education does help in wanting a person to do something, but when there is nothing to do, it only leads to depression and discontent. Do you think, the arabs were/are highly educated? They had wealth thus resulting in businesses thus creating jobs for poor. Education without danda is useless, I would be all for it if it was Chinese model, where government took everything in their own hands. And you hear terms like human abuse, chinese sweat shops, you ok with that model?