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Pakistan Unemployment - Causes And Solutions

jobs in karachi pakistanJobs in Karachi Pakistan- Unemployment is really a central problem of Pakistan because when unemployment is high, resources are wasted and people's incomes are depressed; during such periods, economics distress also spills to affect people's emotions and family lives. The socio economics system of Pakistan and institutions didn't provide employment towards the increasing labor pool. Labor force include all persons that are of 10 years and above , and during the period are without work, currently available for work and looking for work. About 2.4 million persons at work force were estimated as unemployed in 1999, as construction and transport sectors provide an absorbed 11.2 percent, 6.8 and 5.7 % as compared to 10.5percent, 7.2 and 5.0 percent respectively in 1994-1995.

Jobs in Karachi Pakistan - Significant reasons of Unemployment:

Employment in the private sector absolutely stopped simply because they shifted their capital to europe because of nationalization of business units badly affected the investment industrial sector.
The higher growth rate of population is the main reason for unemployment in Pakistan. The means of the country are limited because population has exceeded the optimum level.
Karachi is the biggest industrial base of Pakistan, but investors are reluctant to invest there due to unrest and violence.
Our educational system is also in charge of increasing unemployment rate one of the educated youth. The attitude in our youth for the choice of work is unrealistic and unproductive. Rapid mechanization and computer products also causing unemployment.
Lack of infrastructure and facilities in the area of energy, telecommunication and transportation also avoid the industrialist from setting up new industries.
Lack of enough industries to hire rising number of graduate in Pakistan
The government just isn't involving in capital expenditures which create more jobs.
Main issue of unemployment inside our country is the fact that whenever a new technology may come as software or hardware then all the people starts studying with that. Then at the end, you will notice 10,000 students of a particular field about 5 to 10 job vacancies.
Things are not handled in appropriate manner, because the vacancies are less but people looking for work are more than that.
Opportunities aren't enough and system of reference is so much indulged in today's world that if a business needs employees then workers of this company provides some resume for them of their relatives so in this way many people avoid getting the chance to submit an application for those jobs.

Jobs in Karachi Pakistan