Causes of youth unemployment in Pakistan & its solution.

Byline: Dr Muhammad Asif

UNEMPLOYMENT among young people is one of the major issues in any developing or underdeveloped country. Pakistan is currently facing a similar challenge. It is critical to address these underlying causes in order to reduce youth unemployment and promote the country's economic and social development. According to the World Bank, Pakistan has one of the highest rates of youth unemployment in the world. This alarming unemployment rate has far-reaching economic and social consequences linked to the formation of criminals. In developing nations, a famine of government spending in the economy is a major contributor to unemployment. The government is unable to generate jobs to keep up with the increasing number of young people joining the labour market. Access to funding, economic growth and infrastructure initiatives have made it even more difficult to create jobs.

Growing populace also contributes significantly to youth unemployment. As the population grows, fewer opportunities become accessible. Consequently, work rivalry is fierce and young people are having difficulty in finding gainful employment. This unemployment impacts both rural and urban areas across the country. This has severe consequences for Pakistan's future, progress and socioeconomic development. Pakistan's youth population is believed to be around 62 million, ranking it sixth on the globe. Unfortunately, the young unemployment rate in Pakistan is believed to be as high as 50 percent. According to the World Bank, the unemployment rate for the 15-24 age group in Pakistan was estimated to be around 24.4% in 2018. This makes Pakistan one of the countries with the highest level of youth unemployment.

One of the primary reasons for youth unemployment in Pakistan is a lack of adequate education. Only 43% of Pakistan's populace has a formal education. Due to a lack of access to excellent education, many young people are unable to find employment that fits their talents and qualifications. Consequently, there are a significant number of unemployed teenagers in the nation. Due to a dearth of excellent education and vocational training programs, young people have poor levels of economic productivity and skill development. The majority of young people are unable to find meaningful work, resulting in long-term unemployment.

According to the Human Development Index, Pakistan's youth literacy rate is only 57%. This means that only 57% of the population between the...

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