With a large young population, Bangladesh provides a "demographic dividend" for further economic development. But given rising youth unemployment, especially among educated people, the nation finds great difficulty using this potential. A main cause is a notable mismatch between the demands of the fast-changing labor market and the skills taught by the current educational and training programs. Many employees—including those in the unofficial sector—do not have sufficient technical or occupational credentials. Reducing human resource shortages, improving sustained employability, raising production, and supporting economic growth all depend on the development of skills. Based on the given sources, this review article investigates the effect of skill development programs on employment prospects for young people in Bangladesh, points up important issues and skill shortages, and offers suggestions for enhancing the efficacy of these projects for creating employment possibilities.