Introduction:
"Unemployment is capitalism's approach of obtaining you to plant a garden".
Unemployment could be a huge social drawback round the world it is condition in which individuals are without work and have made specific efforts to find a job within the past four weeks, or waiting to be called back to a job from which he or she was laid off, or waiting to start a new job within 30 days. It is measured through the unemployment rate.
The unemployment rate in Pakistan:
In Pakistan it is approximately 4.45 percent, a slight increase from 4.65 percent the previous year. The unemployment rate reaches on its peak during recession.
Reasons of unemployment in Pakistan:
There are many factors behind unemployment are lack of education, lack of capital, lack of proper skill, Poverty, and High rate of population growth in Pakistan, the backwardness of agriculture sector, and other reasons are worsening law and order situation, poor governance and deep rooted corruption, early marriages etc.
Suggestions and recommendations:
It can be overcome by taking stand for growing population in Pakistan. According to a research, the population of Pakistan will become 245 million until the end of 2030. If the government will not take an action the life of people become miserable. If not controlled there's no way the country can give employment to all the people.
Education system of Pakistan should be developed in a way that we should have to create skills that can help the individuals to get a job. Technical education must be given to all classes. Increase in education budget. The trend to start a new business should be promoted by the government so that there should be greater opportunities for job in the market.
The first thing to do to reduce unemployment in Pakistan is the proper planning by the government of Pakistan. The government should create an environment which makes the industrialist set more and more industries. The government should give much facilities and benefits to the investors so that they invest more in Pakistan. Parliament should adopt appropriate legislation.
Conclusion:
Country's Prosperity and Progress is not possible without the reduction in the unemployment. Change in industrial technique, policy regarding seasonal unemployment, change in education system, Expansion of Employment exchanges, create more employment opportunities.