ISLAMABAD: The Pakistan Economic Survey, unveiled on Tuesday, revealed that the country saw a startling rise in the number of the country’s donkey population in a year but 4.5 million individuals are unemployed. Youth aged 15-24 have the highest unemployment rate of 11.1 per cent, Pakistani media reported.
The population of donkey was 5.7 million in 021-22, 5.8 million in 2022-23 and 5.9 million in 2023-24 recording a steady increase.
Unemployment in Pakistan
No employment survey has been conducted in Pakistan after 2020-21 Labour Force Survey according to which the total labour force stands at 71.8m — 48.5m in rural areas and 23.3m in urban areas.
The employed labour force is 67.3m: 45.7m rural and 21.5m urban, while 4.5m are unemployed. The unemployment ratio is higher amongst females, with 14.4pc of women unemployed compared to 10pc men, Dawn reported.
Pakistan’s GDP
According to the Economic Survey report, during FY2024, Pakistan’s economy registered moderate recovery reflected by a GDP growth of 2.38 percent against previous year’s contraction of 0.21 percent. Agriculture emerged as a
main driver of economic growth, registering a growth of 6.25 percent on the back of double-digit growth in output of major crops.
The target was 3.5% was missed and was attributed to the underperformance of industries and services sector.
The population of donkey was 5.7 million in 021-22, 5.8 million in 2022-23 and 5.9 million in 2023-24 recording a steady increase.
Unemployment in Pakistan
No employment survey has been conducted in Pakistan after 2020-21 Labour Force Survey according to which the total labour force stands at 71.8m — 48.5m in rural areas and 23.3m in urban areas.
The employed labour force is 67.3m: 45.7m rural and 21.5m urban, while 4.5m are unemployed. The unemployment ratio is higher amongst females, with 14.4pc of women unemployed compared to 10pc men, Dawn reported.
Pakistan’s GDP
According to the Economic Survey report, during FY2024, Pakistan’s economy registered moderate recovery reflected by a GDP growth of 2.38 percent against previous year’s contraction of 0.21 percent. Agriculture emerged as a
main driver of economic growth, registering a growth of 6.25 percent on the back of double-digit growth in output of major crops.
The target was 3.5% was missed and was attributed to the underperformance of industries and services sector.
