Unemployment in Pakistan
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Transcript of Unemployment in Pakistan
UNEMPLOYMENT IN PAKISTAN
NOMAN MUNEER –IQRA UNIVERSITY
INTRODUCTION
WHAT IS UNEMPLOYMENT?
UNEMPLOYEMENT RATE IN PAKISTAN
2007-2008 2008-2009 2009-2010
UNEMPLOYMENT RATE5.20% 5.46% 5.55%
MALE 4.31% 4.46% 4.39%
FEMALE8.52% 9.00% 9.46%
RURAL AREAS4.71% 4.73% 4.82%
URBAN AREAS6.34% 7.11% 7.21%
Source: Labor Force Surveys
CAUSES OF UNEMPLOYMENT
• LAW AND ORDER SITUATION
• CHALLENGES TO AGRICULTURAL SECTOR
• SHORTLISTING IN INDUSTRIES DUE TO ENERGY
SHORTAGE
• WAR OF TERROR
• LESS FOCUS ON EDUCATION AND RESEARCH
CAUSES OF UNEMPLOYMENT
• INCREASE IN POPULATION
• NATIONALIZATION OF INDUSTRIES
• UNREST SITUATION OF KARACHI
• UREALISTIC ATTITUDE TOWARDS CAREER CHOICE
• UREALISTIC ATTITUDE TOWARDS CAREER CHOICE.
CAUSES OF UNEMPLOYMENT(CONT.)
• GREATER NUMBER OF GRADUATES THAN THE JOBS
AVAILABLE
• LACK OF CAPITAL EXPENDITURES
• EDUCATION SYSTEM
• REFERENCE SYSTEM
• LACK OF TECHNICAL SCHOOLS AND COLLEGES
• RELUCTANCE TO ORDINARY JOB
• LACK OF SELF EMPLOYMENT APPROACH
PSYCOLOGICAL EFFECTS.
ECONOMICAL EFFECTS.
SOCIAL EFFECTS.
EFFECTS OF UNEMPLOYMENT
CURRENT SITUATION OF UNEMPLOYMENT
• FLOOD
• FACTORIES SHUTTING DOWN
• CIRCULAR DEBT OF PAKISTAN IN ENERGY
SECTOR OF PAKISTAN
MEASURES TAKEN BY GOVERNMENT
• According to Ministry of Labor and Manpower;
CREATE NEW JOBS OPPORTUNITIES VIA• CONSTRUCTION • SERVICES • SMALL MANUFACTURING INDUSTIRES• HOUSING • INFORMATION TECHNOLOGY.
According to the Labor Force latest Surveys available, from 2007-08 and 2009-10, 2.79 million jobs were created
MEASURES TAKEN BY GOVERNMENT (CONT.)
Government has started the construction of one
million houses and regularization of Kachi Abadis
because more than 40 industries manufacture
bricks, cement, steel, marble, wood products,
hardware, iron pipes, plastic ware, paints.
MEASURES TAKEN BY GOVERNMENT (CONT.)
• To accelerate the economic growth, the Public Sector
Developmental Plan allocation is increased by government
from Rs. 646 billion to Rs.663 billion in 2010-2011
• Overcoming water shortage in agricultural sector
MEASURES TAKEN BY GOVERNMENT (CONT.)
• MOTIVATE TO UNEMPLOYED TO BECOME SELF EMPLOYED
• LOANS UPTO 30,000
• SKILL DEVELOPMENT COUNCIL IS ESTABLISHED TO MAKE
A SKILLED WORK FORCE.
• . 0.72 billion was given to IT sector in 2010-2011
MEASURES TAKEN BY GOVERNMENT (CONT.)
• The land less Haris were given 43,644 Acres of land in 2010 in Sindh to cultivate.
• The Prime Minister has announced Aghaze Haqooq-e-Balochistan.
RECOMMENDATION
• Revolutionary steps to attract FDI by improving law and order in the
country.
• Government should implement an economic revival package to
stimulate investments.
• Tax base and tariffs should be lowered to promote exports.
• The annual growth rate of Pakistan’s population is 3 percent and 3
million workers are added into labor force yearly. So, government
should bring new job opportunities continuously.
• Education system should be improved.
CONCLUSION