Unemployment in Pakistan has risen significantly over the past decade, increasing from 1.5% to 7%. This sharp rise is due to slow economic growth and the government’s failure to meet the demands of critical sectors like healthcare and education.
A report from the Ministry of Planning highlights the country’s struggles to create enough jobs, especially for women and young people. The report also points out that Pakistan’s unemployment rate is now higher than neighboring countries like India and Bangladesh, signaling a serious issue in the country’s labor market.
With a rapidly growing population, Pakistan faces the challenge of creating 1.5 million jobs every year to meet the rising demand for employment. The Planning Commission has emphasized the need for urgent reforms to tackle youth and women’s unemployment, which are among the most affected groups. These reforms are also critical to addressing the ongoing issue of rising inflation, which continues to impact the purchasing power and livelihoods of millions of citizens.
The government and policymakers are being urged to take immediate action to boost economic growth, invest in key sectors, and implement strategies that create sustainable employment opportunities for all.
