Unemployment has become a global challenge, affecting individuals who are capable of working but unable to find suitable job opportunities to earn a living. Pakistan, with the 9th largest labor force in the world, is also facing this issue, and the size of its labor force continues to grow each year.
One of the primary reasons for the high rate of unemployment in Pakistan is overpopulation. The population is increasing rapidly due to a lack of family planning and education. Moreover, some parents in Pakistan make decisions about their children’s field of study without considering their interests. As a result, even talented and highly skilled individuals struggle to secure jobs based on their own merits, as personal connections and references take precedence, leading to a sense of failure and disillusionment.
Another contributing factor to unemployment is the declining ratio of industries. Industries play a crucial role in providing job opportunities for residents, but the lack of industrial growth hampers employment prospects. With the challenges of the modern world, more people are left jobless, and automated machines are taking over tasks that were traditionally performed by human beings. The absence of major projects and insufficient funds are critical issues in Pakistan. Recent surveys indicate that 37% of graduates in Pakistan are unemployed.
Unemployment has risen across various fields in the country. Even thousands of B.A and M.A. graduates struggle to find employment. One major reason is the influx of new graduates into the workforce. Employers tend to prefer candidates who have completed their high school, college, or higher-level education, leaving many qualified individuals without job opportunities.
This situation implies that while the future generation may be well-educated, they may still face the challenge of unemployment.