If this target is not achieved, experts fear rising social unrest and an increase in illegal migration.
According to the report, Pakistan needs to generate around 2.5 to 3 million jobs every year. This is important to keep up with the growing population and provide opportunities for young people entering the workforce.
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The World Bank highlighted several sectors where job creation can increase quickly.
These include infrastructure, healthcare, agriculture and tourism. These industries have the potential to absorb a large number of workers.
At the same time, experts stressed the need for business reforms and better access to financing to support growth.
The discussion titled “Safe Passages, Secure Futures” also focused on women’s role in the economy. It said improving safety, mobility and protection from gender-based violence is necessary so that women can access education and job opportunities.
Without these improvements, a large part of the population will remain outside the workforce.
Experts believe Pakistan has a young population, which can be a big advantage. However, without enough jobs, this advantage could turn into a problem. The country must invest in human capital and skills to benefit from its demographic strength.
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Pakistan needs jobs fast. Millions of people are entering the market every year. If jobs are not created, problems may increase. But if handled well, this can boost the economy and growth.
Unemployment rate in Pakistan
Pakistan’s unemployment rate is estimated to be around 5.4% to 5.5% in recent years. This means that about 5 to 6 out of every 100 people in the labour force do not have jobs but are actively looking for work. Although this number appears moderate, it has been rising due to economic challenges, putting pressure on the job market.
Employment rate in Pakistan
The employment rate in Pakistan remains high at around 94% to 95%, as most people in the labour force are engaged in some kind of work. However, many of these jobs are not stable or well-paid, especially in the informal sector where job security is limited.
Sector-wise employment distribution
A large portion of Pakistan’s workforce is employed in the services sector, which is the biggest contributor to jobs. Agriculture is the second-largest employer, followed by the industrial sector. This shows that traditional and service-based jobs still dominate the economy.
Challenges behind the numbers
Despite relatively low unemployment figures, the real situation is more complex. Youth unemployment is higher than the national average, and women face more difficulties in finding jobs. Many people are also underemployed, meaning they are working but not earning enough or not fully utilizing their skills.
Labour force participation
Labour force participation in Pakistan is relatively low, especially among women. A significant portion of the population is not actively working or even seeking employment, which limits overall economic productivity.
Overall situation
Overall, while official data suggests that most people are employed, the quality of jobs remains a major concern. Without strong economic growth and better job opportunities, the gap between the growing workforce and available jobs may continue to increase, creating economic and social challenges.
