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| EconomyOfPakistan » Pakistan Demographics » Unemployment |
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Unemployment in Pakistan
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With an estimated population of over 169 million inhabitants, Pakistan is today the seventh most populous nation of the world and the second most populous with a Muslim majority. However, nearly a quarter of the population of Pakistan still lives below the poverty line, and wide gaps exist between the rich and the poor in the country. Low rates of literacy and poor infrastructure facilities mean that a large section of the employable population of the country are under the shadow of starvation, disease and death, struggling daily to make ends meet.
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According to World Bank reports, we may consider Pakistan to be a low-income country, with a per capita GDP of about $2600. However, the figure looks even more dismal on a closer look, which reveals that large sections of the population of Pakistan remains unemployed, and that wide differences exist between the earnings of the rich and the poor.
Unemployment in Pakistan is a phenomenon that may be considered as direct fallout of poor federal policies, lack of implementation and rampant corruption. The history of Pakistan that has been checkered with instances of internal strifes is also a major reason for failure government policies in various areas. However, in the recent times, the scenario is set for a change. Rapid urbanization and industrial growth in the recent years has opened up numerous job opportunities for residents in the country. Emergence of new industries, flourishing of retail markets is creating scopes for employment in various fields. economyofpakistan.com is a website that provides detailed and comprehensive information regarding Unemployment in Pakistan, with special emphasis on areas like rates of unemployment, new employment opportunities etc. Browse through the following links to know more about Unemployment in Pakistan, economic scenario and other essential information.
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