24pc educated people are jobless countrywide, Senate body told

[FOOLS_NIGHTMARE]

The Pakistan Institute of Development Economics (PIDE) on Monday painted a grim picture of the rising rate of unemployment across the country, underlining that 24 per cent of educated people were jobless at the moment.

The PIDE, in its briefing to the Senate Standing Committee on Planning and Development meeting chaired by Saleem Mandviwala, said the unemployment rate in the country had reached 16pc — contrary to the government's claim of 6.5pc.

The committee was also informed that 40pc of educated women were also unemployed countrywide.

The term 'educated' here refers to those people who have acquired an undergraduate or graduate degree, which should enable them to find a job.


The PIDE officials pointed out that some educated people get themselves enrolled in M.Phil studies to continue learning as they struggle to fetch a better job. This also skewed the unemployment rate as they weren't included in the figures.

'1.5m people including M.Phil degree holders applied for a peon's job'
The officials told the Senate committee that at least 1.5 million people applied for a peon's position in a high court that was advertised recently.

"Among those applying for the job included M.Phil degree holders," officials said.

Mandviwala sought the exact number of educated youth and children in the country.

In response, the PIDE officials said that no research was being conducted at the government level, adding that all such studies were done from abroad.

They said several research institutes were operating in the country, but the research purposes were not being fulfilled.

The Economic Survey 2020-21 released in June this year had revealed the spread of Covid-19 had severely affected employment conditions in the country and the suspension of economic activities due to imposition of lockdowns rendered an estimated 20.71m workers jobless.

According to the survey, a large population and lack of proper management of human resources have also had a negative impact on the employment rate in the country.

"Pakistan being the fifth most populous country with the ninth largest labour force in the world, adds a large number to its workforce every year," the report had pointed out.

24pc educated people are jobless countrywide, Senate body told

At least 1.5m people including M.Phil degree holders applied for a peon's job advertised recently, say officials.

www.dawn.com

 

[313ghazi]

The biggest crisis of Pakistan - a lack of employment opportunities in the private sector. Every second these people are unemployed is precious time wasted.

 

[blueazure]

i get it, there are no jobs, but whats stopping our educated youth to start a small business ?

a small cloth shop ,? a tyre repair shop ? a pharmacy ? a meat shop?

i can go on and on

i know a 25 yr old , he hold a D Pharma degree and runs his pharmacy ,. his daily sale is 1 lac !

 

[fitpOsitive]

View attachment 780517

The Pakistan Institute of Development Economics (PIDE) on Monday painted a grim picture of the rising rate of unemployment across the country, underlining that 24 per cent of educated people were jobless at the moment.

The PIDE, in its briefing to the Senate Standing Committee on Planning and Development meeting chaired by Saleem Mandviwala, said the unemployment rate in the country had reached 16pc — contrary to the government's claim of 6.5pc.

The committee was also informed that 40pc of educated women were also unemployed countrywide.

The term 'educated' here refers to those people who have acquired an undergraduate or graduate degree, which should enable them to find a job.


The PIDE officials pointed out that some educated people get themselves enrolled in M.Phil studies to continue learning as they struggle to fetch a better job. This also skewed the unemployment rate as they weren't included in the figures.

'1.5m people including M.Phil degree holders applied for a peon's job'
The officials told the Senate committee that at least 1.5 million people applied for a peon's position in a high court that was advertised recently.

"Among those applying for the job included M.Phil degree holders," officials said.

Mandviwala sought the exact number of educated youth and children in the country.

In response, the PIDE officials said that no research was being conducted at the government level, adding that all such studies were done from abroad.

They said several research institutes were operating in the country, but the research purposes were not being fulfilled.

The Economic Survey 2020-21 released in June this year had revealed the spread of Covid-19 had severely affected employment conditions in the country and the suspension of economic activities due to imposition of lockdowns rendered an estimated 20.71m workers jobless.

According to the survey, a large population and lack of proper management of human resources have also had a negative impact on the employment rate in the country.

"Pakistan being the fifth most populous country with the ninth largest labour force in the world, adds a large number to its workforce every year," the report had pointed out.

24pc educated people are jobless countrywide, Senate body told

At least 1.5m people including M.Phil degree holders applied for a peon's job advertised recently, say officials.

www.dawn.com

The jobs which creates further jobs are held by either siasi bhertis or Quota guys. A bureaucrat that was inducted based on these basis is just another liability on Pakistan.
From PIA to State Bank to all ministries all departments are filled with such liabilities. When a single person comes on merit then we see scenes like the one we saw recently at UN summit, where a blind lady, yes a physically impaired yet inducted on merit lady roars and shuts everyone.

Thats the power of merit based system. Believe or not.

 

[muhammadhafeezmalik]

The problem is with our syllabus stuff. We have 16 internees last month in our department and they don't know even the basics of commercial market, corporate business. He young man with MS Accounting & Finance could not comprehend an Annual-Report of a company, not even the Executive Summery of that report. A guy with a B-Tech degree in printing doesn't know about plate making for printing press, a mechanical engineer from NUST was unable to tell that what would be 3/4 inches in centimeters, not even after using calculator. B-Tech degree holder guying was telling that he can only do screen printing.

 

[Paitoo]

If we continue to define 'educated' in terms of degrees, such grim statistics will seem shocking. Once you reconcile with the fact that you do not have skills that the market requires, you may start doing something about it. A company that requires machine operators has no use for an M.Phil degree.

Some academic body or institute in Pakistan needs to do an analysis of what skills do companies of today require in the next 5 years so that the syllabus can be adjusted accordingly. American universities spend huge amounts in research and forecasting for a reason. Universities insist on hiring people with only PhDs, the rationale being that they are research oriented people. Where then is the analysis of the future employment market.

Everything that I have said here applies to India too.

 

[PradoTLC]

there are jobs in the market ... expecially in the skill trades ie plumber, electrician, workshop managers etc.. it is another matter people do mickey mouse degrees and expect to get hired.

 

[Falconless]

Masters in what?
Wonder what the numbers are specialised fields such as engineering, law and medicine.

 

[S.Y.A]

i get it, there are no jobs, but whats stopping our educated youth to start a small business ?

a small cloth shop ,? a tyre repair shop ? a pharmacy ? a meat shop?

i can go on and on

i know a 25 yr old , he hold a D Pharma degree and runs his pharmacy ,. his daily sale is 1 lac !

no money. really. no money at all to afford risk.

The problem is with our syllabus stuff. We have 16 internees last month in our department and they don't know even the basics of commercial market, corporate business. He young man with MS Accounting & Finance could not comprehend an Annual-Report of a company, not even the Executive Summery of that report. A guy with a B-Tech degree in printing doesn't know about plate making for printing press, a mechanical engineer from NUST was unable to tell that what would be 3/4 inches in centimeters, not even after using calculator. B-Tech degree holder guying was telling that he can only do screen printing.

All of those can do all of the above, you must have gotten some from bottom of the barrel, or some really exceptional cases.

 

[MisterSyed]

no money. really. no money at all to afford risk

No money? Morr likr Pakistani People dont want to take risks, we don't want to take risks so most of the people end up doing 9-5 Jobs, for them itd better. All of the Big Businesses like Apple, Amazon and so on had Not so Prosperous Beginnings but what they stand at now is to be looked upon.

 

[Azadkashmir]

be a arms dealer, drug dealer be powerful be rich be happy.

 

[HRK]

i get it, there are no jobs, but whats stopping our educated youth to start a small business ?

- Finance

-Education system which is designed to serve job market and don't provide skill development specially entrepreneurial skills to pupils

- Social environment and pressure which force youngsters to seeks jobs rather to try for small business

We as a society have attached negative cliche with every small scale business, like by operating a meat shop one become qasai, operator of shoes shop or small shoes factory is consider Mochi and the list could go on.

Our social behaviour as a Nation discourage youngster to go for small scale business and not everyone could arrange means to initiate the business at medium scale, only few professions are considered respectful; so youngsters are left with limited choice of seeking job.

 

[313ghazi]

i get it, there are no jobs, but whats stopping our educated youth to start a small business ?

a small cloth shop ,? a tyre repair shop ? a pharmacy ? a meat shop?

i can go on and on

i know a 25 yr old , he hold a D Pharma degree and runs his pharmacy ,. his daily sale is 1 lac !

1. False arrogance.
2. Stupid societal pressure based on others false arrogance.

Think about it this way - who can't afford become a food panda rider or something for a few months of even years to earn some capital to start a business? Maybe only those in rural areas. Urban youth should have no problem. Pakistan is a harsh and unsupportive environment, you must be willing to do anything halal to succeed. I have said it a million times before "log kya kahein ge" has cucked our society.

 

[Bilal Khan (Quwa)]

i get it, there are no jobs, but whats stopping our educated youth to start a small business ?

a small cloth shop ,? a tyre repair shop ? a pharmacy ? a meat shop?

i can go on and on

i know a 25 yr old , he hold a D Pharma degree and runs his pharmacy ,. his daily sale is 1 lac !

I'd add that all large-scale economic activity is tied up in the public sector. In other words, a lot of our public money is going towards feeding political hires rather than investing in skill development, grant programs, etc. In fact, there's even an opportunity to channel defence spending away from imports to domestic solutions which, in turn, will generate private sector investment towards labs, manufacturing sites, etc -- with multiple cascades (e.g., the lab worker needs housing, groceries, etc).

Now on the flip side, if educated people are getting shorted at large-scale, that means the voting class is getting screwed. So, there's finally a chance we might see enough energy at the right place to force big and positive changes in society and the political system.

 

[313ghazi]

- Finance

-Education system which is designed to serve job market and don't provide skill development specially entrepreneurial skills to pupils

- Social environment and pressure which force youngsters to seeks jobs rather to try for small business

We as a society have attached negative cliche with every small scale business, like by operating a meat shop one become qasai, operator of shoes shop or small shoes factory is consider Mochi and the list could go on.

Our social behaviour as a Nation discourage youngster to go for small scale business and not everyone could arrange means to initiate the business at medium scale, only few professions are considered respectful; so youngsters are left with limited choice of seeking job.

I agree, but I think people need to change their mentality. I wish every young person could afford a 2 week holiday to a foreign country. No planned activities, no tourism, just an opportunity to see what the world outside Pakistan is like. It would turn our country around. I swear if we could get 10-20% of our expats to go back we'd create a cultural revolution.

When I was a student, i worked in call centres, i did door to door sales, i worked in retail, i cleaned shelves and floors. It makes you realise your true auqat. At home i was a ladla bacha, i wouldn't even take my plate into the kitchen, and at work i was vacuuming carpets in shops. It drives you to success. I worked jobs where the monthly wages wouldn't cover the cost of alloy wheeels i wanted to buy for my car. I worked alongside guys who raised families on those same wages. It wakes you up. Any of our youth who actually struggle at the bottom, will rise to the top. those afraid to jump in, will forever remain reliant on others.