Unemployment occurs when a person who is actively searching for a job is unable to find work. It usually occurs because of some major reasons such as: Not to provide necessary education, over growth rate and due to the government’s weak policies. It is a real matter of concern as it can yield devastating effect on economic welfare, crime, the erosion of human capital, misery and social instability. Pakistan is basically an agrarian economy, but unfortunately it is considered one of those countries where unemployment is on its peak.
Moreover, it also increases owing to the scarcity of education; in most of the educational institutions, it is estimated that enrollment in Pakistan’s specialized technical, vocational education and training is low, which persists despite high demand for skill training of both genders. Similarly, the gender- based difference of unemployment, according to ( Labor Force Survey 2017-18), which shows to be higher among the female than the male_8.27 per cent and 5.07 per cent respectively. The highest overall unemployment ( 11.56 per cent is prevalent among the age group of 20-24 years), which impacts very tediously on the youth especially upon the graduated ones. Other most dour causes of it may be defined as: Occupational immobilities, geographical immobilities, technical change and structural change in the economy and so on….
Furthermore, Joblessness has become a menace to the graduated and educated ones. On the other hand, it is observed that suicide cases have been increasing leaps and bound each year, that creates intolerable pessimism among masses. By the dint of scarcity of jobs, most of the youngsters commit suicide and that has become a matter of great concern, which has not been resolved so far… recently, a student, belonging to Lahore, who had committed suicide, the only reason behind was joblessness. It is a very impertinent system, where the resources of earning are found very hardly.
Additionally, the rates of unemployment which were reported since 2015 year by year till 2020, which figures very formidable. In 2015, 3.57 pc; in 2016, 3.79 pc; in 2017, 3.95 pc; in 2018, 4.08; and in 2019, the reported unemployment rate was 4.45 by, ( Labor Force Survey). The rate of 2020 by its end has been estimated 6.00 by,( Trading Economics Global Macro Models and Analysts Expectations). The number of unemployed people may reach 6.65 million during the fiscal year 2020-21, compared to 5.80 m of the outgoing financial year.
Additionally, Pakistan is the 6th most populated country in the world, which has a population of over 22 crore. The country, whose population is higher than its region and economy, it is very difficult to say that country may progress. Likely, rapid growth in population is also one of the major determinants of increasing the unemployment rate of Pakistan. There are several reasons due to which over population growth takes place: Lack of family planning education, women’s empowerment lacks, poverty and preference to have more sons.
Conclusively, the government ought to take decisive measures to reduce unemployment in Pakistan, which has been described so; at first, it is the foremost duty of government to create productive employment opportunities, well manged and proper system of education, awareness of developing confidence among the masses and to educate the people to overcome the over growth issues. Government has to root out corruption from the institutions and career opportunities must be provided among the nation.
Disclaimer: The views expressed in the article are the author’s own and do not necessarily reflect Dunya News’ editorial stance.