More than 4 million people still unemployed in Pakistan

More than 4 million people still unemployed in Pakistan

June 13, 2022 0

What happened: As the population in Pakistan is at an uncontrollable rate, the unemployment rate has also been on the rise. However, during the previous fiscal year, unemployment reduced by 0.3% in Pakistan, which remains at 6.3%. Samaa quotes, “The country continues to struggle with unemployment which clocked in at 6.3% for the fiscal year 2021-222.” 

Details: The Economic Survey revealed by Miftah Ismail noted that Pakistan is among the world’s top ten largest labour forces. The employment to population ratio of 42.1% and this ratio is higher among men with 64% as compared to the wone, which is only 19.4%. However, as the comparison showed that in 2018-19 the country had 61.71 million employed in Pakistan, while 67.2 later. At the same time, the construction sector remained among the top employer and textile as an employer decreased.

Rana Abdullah Hammad
Rana Abdullah Hammad
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