KARACHI: Unemployment rate in Sindh during fiscal 2012-13 decreased to 5.0 percent whereas the rate in Punjab, Khyber Pakhtunkhwa (KPK) and Balochistan increased to 6.1 percent, 8.5 percent and 4.0 percent respectively comparing to fiscal 2010-11, said Pakistan Bureau of Statistics’ (PBS) data.
Unemployment rate is the unemployed population expressed as a percentage of the currently active population.
The PBS prepared Pakistan Employment Trends report after conducting a survey across the country for year 2012-13.
In 2010-11 period unemployment rate in Sindh stood at 5.2 percent while in Punjab, KPK and Baluchistan it stood at 5.7 percent, 8.0 percent and 2.9 percent respectively, said PBS’ data.
Industry experts said despite awful energy crisis, terrorism and poor Gross Domestic Product (GDP) growth, improvised employment ratio comparatively to other provinces clearly shows Sindh government’s commitment to provide employment opportunities to the youth of Sindh.
The trend shows Chief Minister of Sindh Qaim Ali Shah fulfilled its commitment providing 50,000 job opportunities to the educated youth on merit basis, said the experts.
Cumulatively, in whole country, unemployment rater increased to 6.0 percent in 2012-13 period, as compared to 5.7 percent in 20110-11.
According to gender wise breakup, the PBS’s table revealed female unemployment rate increased to 9.1 percent in 2012-13 as compared to 9.0 percent in 2010-11 in Pakistan while male unemployment ratio in male also surged to 5.1 percent in said periods as compared to 4.8 percent in corresponding time.
Province wise breakup suggested female unemployment rate in Sindh increased to 8.2 percent in 2012-13 from 7.2 percent in 2010-11, however male unemployment rate in Sindh declined to 4.4 percent from 4.8 percent in comparison under review. During 2012-13 in Punjab, female unemployment rate remained stable to 8.3 percent while male unemployment rate increased to 5.2 percent from 4.7 percent in periods under review.
Interestingly, female unemployment rate in Balochistan decreased to 7.0 percent from 7.9 percent while male unemployment rate surged to 3.6 percent from 2.5 percent in said periods. KPK’s showed similar statistics to Balochistan as female unemployment rate in KPK decreased to 16.3 percent from 16.5 while male unemployment rate increased to 6.7 percent in 2012-13 from 5.9 in 2010-11.
The employment-to-population ratio in Sindh increased to 50.3 percent in 2012-13 from 50.0 percent of 201-11 while in Punjab it declined to 52.0 percent from 52.6, in KPK it decreased 40.6 percent from 42.2 percent and in Balochistan it swelled to 49.7 percent from 49.5 percent during the period under review.
The employment-to-population ratio provides information on the ability of an economy to create jobs, it is often more insightful than the unemployment rate.
The employment-to-population ratio is defined as the proportion of the working population that is employed.
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