Unemployment rate in Pakistan's

Pakistan's unemployment rate has been consistently high over the past decade, with estimates ranging from 6% to over 15%. The country's rapidly growing population and limited job opportunities have contributed to this high rate of unemployment.

One major factor contributing to unemployment in Pakistan is the lack of economic growth and investment in key industries. The country has struggled to attract foreign investment, which has limited job opportunities in the manufacturing and service sectors. Additionally, the agriculture sector, which employs a significant portion of the population, has been hit by natural disasters and other economic challenges.

Another major factor contributing to unemployment in Pakistan is the lack of education and skills training for the population. Many Pakistanis lack the skills and qualifications needed for modern jobs, which has led to a large pool of unemployed individuals who are not able to compete for available positions.

The youth unemployment rate in Pakistan is also very high, with over 60% of unemployed individuals being between the ages of 15 and 29. This is a significant concern as it could lead to social and political instability in the future.

Overall, Pakistan's unemployment rate is a complex issue that is influenced by a variety of factors, including economic growth, investment, and education. The government and private sector need to work together to create jobs and improve education and skills training to help address this problem.

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