In South Asia, the labor force is increasing annually at the rate of about 2 per cent. Actually, failure to maximize the expected economic growth potential has added to the number of unemployed in this region. Presently, creation of new jobs is very difficult in this region because of the high population growth, so there is likely to be enormous unemployment here in future. In South Asia, there is an increasing backlog of unemployment which accumulates at a faster rate than availability of jobs. When the growth rate of productive employment falls far behind the national output, the planning process in this region is not only disturbed but becomes very complicated to execute. In the past, South Asia set forth a strategy for rapid economic growth. However, a mere increase in investment did not augment as much employment opportunities as expected. Moreover, the relegation of manpower planning has added unemployment problems in this region, especially in the least developed countries. Though some measures were directed towards increasing employment in the past, productive use of available manpower has to be made to increase economic growth in South Asia. Not only this, manpower budgeting should reach a state of near perfection to enable planning to quantify the impact on actual employment. Despite strenuous efforts, South Asia has not been able to solve the growing unemployment problems. Unless all programs in this region are employment oriented on the basis of labor-intensive scheme, it is not likely that this region will have more employment opportunities in the coming years. From the experiences of the developed countries, it has been discovered that the major responsibility of promotion and developing the human resources lies with universities. This is why the system of multiple universities in South Asia can greatly contribute in producing skilled and trained manpower necessary for overall development and also for jobs creation. Apart from these facts, good management would naturally keep its ears and eyes to all avenues and strive to maximize the availability of resources and harness the maximum number of unemployed people of this region. In order to reduce unemployment in South Asia, continuing endeavors should be made to develop a new technology which enables it to make the optimum use of existing manpower.