Pakistan Unemployment - Causes and Solutions
Unemployment is a central qoute of Pakistan because when unemployment is high, resources are wasted and people's incomes are depressed; while such periods, economics distress also spills over to influence people's emotions and family lives. The socio economics ideas of Pakistan and institutions has failed to furnish employment to the expanding labor force. Labor force consist of all persons who are of ten years and above , and while the duration are without work, currently available for work and seeking for work. About 2.4 million persons of labor force were estimated as unemployed in 1999, as construction and vehicle sectors have an absorbed 11.2 percent, 6.8 and 5.7 percent as compared to 10.5percent, 7.2 and 5.0 percent respectively in 1994-1995.
Pakistan Unemployment - Causes and Solutions
Major Causes of Unemployment:Employment in the secret sector as a matter of fact stopped because they shifted their capital to other countries because of nationalization of commercial units badly affected the investment commercial sector.
The higher growth rate of population is the major cause of unemployment in Pakistan. The resources of the country are minuscule because population has exceeded the optimum level.
Karachi is the biggest commercial base of Pakistan, but investors are reluctant to invest there because of unrest and violence.
Our educational ideas is also responsible for expanding unemployment rate among the educated youth. The attitude of our youth towards the choice of a work is unrealistic and unproductive. Rapid mechanization and computer technology also causing unemployment.
Lack of infrastructure and facilities in the field of energy, telecommunication and communication also forestall the industrialist from setting up new industries.
Lack of enough industries to employ ever expanding amount of graduate in Pakistan
The government is not arresting in capital expenditures which originate more jobs.
Main issue of unemployment in our country is that when ever a new technology comes as software or hardware then all the population starts learning about that. Then at the end, you will see ten thousand students of a particular field about 5 to 10 job vacancies.
Things are not handled in appropriate manner, as the vacancies are less but job seekers are more than that.
Opportunities are not enough and ideas of reference is so much indulged in our community that if a enterprise needs employees then workers of that enterprise will furnish some resume to them of their relatives and friends so in this way many population don't get the opening to apply for those jobs.
Suggestions:Economic Revival package should announce by the government for the revival of industries sector, to stimulate yield and investment.
Government should try to boost exports through broadening the tax base and lowering tariffs.
Government should announce many packages for the development of agriculture sector.
A amount of fiscal and monetary measures should take attract industrialists and particularly foreign investment.
Technical training facilities should be provided. In this way unemployed population will get a opening to improve their skills and become able to earn more conjecture able income.But as these days software associates are growing and new associates are starting their enterprise very rapidly so, I hope ratio of unemployment will become low soon.
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