Pakistan Bureau of Statistics showed that the unemployment in Pakistan rose to 5.7% last year, up from 5.1% a decade ago.
The Ministry of Labour and Manpower was using LFS data to carry out “periodic assessment of employment situation” in the country. In this rate, a “Pakistan Employment Trends” report was produced as a project initiative.
According to the report, the joblessness in females is standing much higher than males in the country.
Moreover, the employment to population ratio declines a bit from 49.8% in 2006-07 to 48.9% in 2017-18 and remains in the proximity of 50% during the rest of the period.
The annual average unemployment in Pakistan rate stood at 5.5% for a decade. The unemployment rate stood at 5.8% in 2014/15, 5.6% in 2013/14, six% in 2012/13, 5.7% in 2010/11, 5.3% 2009/10 and five% in 2007/08.
According to the report, male and female unemployment in Pakistan rates show a similar pattern, however, the latter is higher than the former. The gap between male and female unemployment rates does not shrink during the period.
The unemployment rate in females stood at 4.7% versus 9.2% in 2014/15 as compared to men males which were 4.9%in the last year.
The highest female unemployment rate was, however, in Khyber Pakhtunkhwa 9.2%, followed by 11.8% in Sindh, in Balochistan (17.3pc) and 7.75% in Punjab.
PBS said the employment to population ratio declined a bit to 48.9% in 2017/18 from 49.8% in 2006/07 and remained in the proximity of 50% during the rest of the period.
Share of industry in total employment was 21.4% in 2006-07 but makes a rising trend to end up at a higher level (24%) in 2017-18. Share of males rises from 23.5% to 26.0% while the share of females increases from 12.6% in 2006-07 to 16.6% in 2017-18.
Important Stats of the report:
PBS said that the ratio of employment in the informal sector fell to 71.4% in 2017/18 from 71.5% in 2006/07. In males, the shares were 71.6 and 71.5%, respectively, while the shares of females were 69.9 and 70.7, respectively.
The share of the agriculture sector in total employment charted a mild increasing trend to 43.5% in 2010/11 from 42% in 2006/07 and ended up at a low level of 37.4% in 2017/18. Share of males was higher at 35% in 2006/07 but now stands at 29.6% in 2017/18.
Share of females, faring about two times higher than males, rose to 74.9% in 2012/13 from 71.4% in 2006/07 and followed a downward trend till 2017/18.
PBS further said the share of services in total employment increased to 38.6% in 2017/18 from 36.6% in 2006/07 “with a sort of sagging curvature in the middle”. Share of males increased to 44.4% in 2017/18 from 41.5% in 2006/07.”
The corresponding shares of females scaled down to 13.6% in 2014/15 from 16% in 2006/07, while it gained steam to reach 17.3% in 2017/18.