Pakistan Unemployment
More than 31 percent educated youth in Pakistan currently unemployed, reveals report
Islamabad: Pakistan Institute of Development Economics (PIDE) on Sunday claimed that more than 31 percent youth in the country is currently unemployed.
Out of these 31 per cent, 51 per cent are females while 16 per cent are males, with many of them possessing professional degrees. Nearly 60 percent of Pakistan’s population is less than 30 years old, The Express Tribune reported.
The report stated that the current unemployment rate of 6.9 percent is considered to be comfortable and frequently makes headlines. Far more females and those living in urban areas are unemployed than their male and rural counterparts, it added.
PIDE also revealed that a surprisingly large part of the working-age group is not even part of the labour force. These people are either discouraged workers or have other means of income to support them, the report stated as quoted by the Pakistani newspaper.
Over 31 percent of the youth with degrees, including professional ones, are unemployed with females at 51 percent and males at 16 percent, the report revealed.
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