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    Unemployment in Pakistan

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    openid_HsE7LD5b
    This document discusses the macro issue of unemployment in Pakistan. It identifies several key reasons for growing unemployment, including a backward agriculture sector that employs a large portion of the population, an underdeveloped industrial sector, a defective education system that does not produce skilled workers, high poverty rates and low savings, high population growth, and misuse of external loans that has led to a large debt burden. The conclusion calls for better economic planning, consistent government policies, improving law and order and energy issues, and adopting an Islamic economic system to address unemployment and other economic problems in Pakistan.

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    Unemployment in Pakistan

    Uploaded by

    openid_HsE7LD5b
    5K views8 pages
    This document discusses the macro issue of unemployment in Pakistan. It identifies several key reasons for growing unemployment, including a backward agriculture sector that employs a large portion of the population, an underdeveloped industrial sector, a defective education system that does not produce skilled workers, high poverty rates and low savings, high population growth, and misuse of external loans that has led to a large debt burden. The conclusion calls for better economic planning, consistent government policies, improving law and order and energy issues, and adopting an Islamic economic system to address unemployment and other economic problems in Pakistan.

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    This document discusses the macro issue of unemployment in Pakistan. It identifies several key reasons for growing unemployment, including a backward agriculture sector that employs a large portion of the population, an underdeveloped industrial sector, a defective education system that does not produce skilled workers, high poverty rates and low savings, high population growth, and misuse of external loans that has led to a large debt burden. The conclusion calls for better economic planning, consistent government policies, improving law and order and energy issues, and adopting an Islamic economic system to address unemployment and other economic problems in Pakistan.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    5K views8 pages

    Unemployment in Pakistan

    Uploaded by

    openid_HsE7LD5b
    This document discusses the macro issue of unemployment in Pakistan. It identifies several key reasons for growing unemployment, including a backward agriculture sector that employs a large portion of the population, an underdeveloped industrial sector, a defective education system that does not produce skilled workers, high poverty rates and low savings, high population growth, and misuse of external loans that has led to a large debt burden. The conclusion calls for better economic planning, consistent government policies, improving law and order and energy issues, and adopting an Islamic economic system to address unemployment and other economic problems in Pakistan.

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    You are on page 1of 8

    MACRO ISSUE OF

    UNEMPLOYMENT IN PAKISTAN

    ABBAS ALI DURRANI


    9148
    DEFINITION

    SUASLFJS;LKGJ;ALKGJS;LDKGJ;LA;LDAJF;LAKJ
    FL;SFJ;LASFJ;LAFJ;LSFJ;LASJF;LSAKJF
    TYPES OF UNEMPLOYMENT
    UNEMPLOYMENT IN PAKISTAN
    2-TYPES OF UNEMPLOYMENT
    REASONS FOR GROWING
    UNEMPLOYMENT IN PAKISTAN

    1- The biggest reason of unemployment in Pakistan is concerned


    with the backwardness of agriculture sector. Agriculture is the
    biggest sector of our economy that contributes 20.9% to GDP
    and 44% people get jobs from this sector directly or indirectly.

    2- Industrial sector is the second largest sector of our economy


    and contributes 19% to national income. This sector should
    employ a large number of labor. But due to backwardness it is
    employing a small number of people. Due to electricity
    breakdown already established industry is deteriorating,
    resulting in the prevailing unemployment ratio.
    3- In Pakistan education system is defective. There is no
    educational planning. This system is producing the stuff, which
    is useless in technical fields of the country. There is lack of
    technical and vocational institutions. Public attitude towards
    education is wrong, they want to get their degrees in general
    and arts subjects. Nobody can set up his own business without
    technical education.
    4- Millions of people in Pakistan are poor. Due to poverty people
    are overburdened with expenditures and their savings are very
    low. It is said that for the reasonable growth of economy saving
    rate should be at least 25% in any country, but in Pakistan it is
    only 13 to 14% which is very low. Low investment level is due
    to less savings, ultimately there is unemployment.
     Pakistan’s population growth rate is 1.8% which is the highest
    in the region. Our resources are limited. Different sectors of
    economy are unable to provide jobs to the growing population.
    So there is unemployment
     Since 1947, Pakistani rulers got loans from IMF, World Bank
    and many other sources. Such loans were not utilised honestly.
    Current external debt of Pakistan is more than 50 billion dollar.
    Government has to allocate a big amount for the repayment of
    loans with interest. So due to less resources for developmental
    projects there is unemployment.
     CONCLUSION, I would like to suggest that
    with proper economic planning, consistent
    policies of government, better law and order
    situation, abolishing energy crisis, sincerity
    with Pakistan and by adopting the Islamic
    economic system we can not only tackle the
    issue of unemployment but every economic
    problem of our country as well.

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