Slides consist of causes, consequences and remedial measures of unemployment in Pakistan.

2. In 2019, the unemployment rate in
Pakistan was at approximately 4.45
percent, a slight increase from 4.08
percent the previous year.
It is still at approx.4.45 %

3. The lowest unemployment rate that we hit in the past two decades was in
2007, with 0.40 %
Pakistan’s lowest
unemployment rate

4. Name of country Current unemployment rate
India 5.4 %
China 4.4 %
Iran 11.2 %
Afghanistan 11.2%
Tajikistan 11.0 %

5.  Rapid increase in Population
 Lack of Industrial Sector
 Mechanization in the agricultural sector
 Backwardness in the Agricultural Sector
 Illiteracy rate and lack of skills
Distrust in the Government
 Culture of Nepotism
Deficiency of Capital

6.  Loss Of Income: Unemployment normally results in a loss of
income. The majority of the unemployed experience a decline in their
living standards and are worse off out of work. This leads to a decline in
spending power and the rise of falling into debt problems
Negative Multiplier effect: The closure of a local factory with the
loss of hundreds of jobs can have a large negative multiplier effect on
both the local and regional economy. One person’s spending is another’s
income so to lose well-paid jobs can lead to a drop in demand for local
services, downward pressure on house prices and ‘second-round
employment effects’ for businesses supplying the factor or plant that
closed down and this cycle continuous to worsen the situation.

7.  Reduction in GDP and Consequently Economic Growth:
Unemployment
Reduction in
purchasing
power
Losses to
business
Declining GDP
Declining
Economic
growth

8.  Exploitation of labour : Due to unemployment labours
are exploited. They have to accept low wages and work
under un-favourable conditions.
 Loss Of Human Capital: The youth now prefers to
move abroad once their education is completed
because they feel that their future will be more
secure in other countries, as well as better chances
of employment. This way, majority of the educated
population shifts abroad leaving behind unskilled
labours. A country cannot progress without people
with technical knowledge and education.

9. Unemployment has given birth to many evils in the society
Social & psychological Costs such as
 Criminal activities
 Corruption at almost every level
 Selfishness
 Homelessness
 Depression
 Anxiety
 Poverty
 Increasing suicidal cases
 Worsening health

10.  Population Control
 Improvement in the Agricultural sector
 Expansion of the industrial sector
 Easy with the taxes
 Ensuring better education
 Improving law and order in Pakistan
 End nepotism
 Encouraging entrepreneurship