SDRCP

Pakistan: Employment Overview

• Total Population: Over 240 million
• Unemployment Rate: 6.3% - 4.5 million
• Total Labor Force: 71.8 million— 48.5 million in rural areas and 23.3 million in urban areas
• Employed: 67.3 million— 45.7 million rural and 21.5 million urban (2020-21 Labor Force Survey. No LFS since 2021)
• Annual New Jobs Required: Over 1.3 million
• Economic Condition: High inflation; seeking a fresh loan from IMF to avert default
• Demographic Advantage: Two-thirds of the population is under 30 (62.58 million between 15 to 29)
• Overseas Job Opportunities: Openings in Far East Asia (Malaysia, Japan, South Korea), EU, UK, Canada, Australia, Central Asia, Eastern Europe
• Local Job Market: No new jobs available currently
• Challenge: Skills required for international job markets
• Solution: Aihunar provides guidance on in-demand skills and strategies to secure international job placements