Unemployment crisis - News Summed Up

Unemployment crisis


I am writing to express my deep concern about the alarming levels of unemployment in Pakistan. Despite the nation’s potential for economic growth and development, a significant portion of the population remains jobless, leading to widespread socio-economic challenges. The current unemployment rate in Pakistan is staggering, and it disproportionately affects young people, with youth unemployment reaching critical levels. One of the main contributors to this crisis is the lack of opportunities in key sectors such as manufacturing, agriculture, and services. Moreover, the informal sector, which employs a significant proportion of the population, often lacks job security, fair wages, and basic labour rights, further exacerbating the issue of unemployment and perpetuating poverty.


Source: The Nation May 08, 2024 04:32 UTC



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