Jobs in Pakistan - Current Status, Future Prospects!

These days if you have a job it sounds great because conditions of jobs in Pakistan, rather, all over the world, are not as good as they used to be.  The main reason behind this is the global economic recession which is badly affecting the economy of whole world. In our country, fresh graduates complain that there are no jobs in Pakistan for them and the people who have jobs are facing difficulties in retaining their jobs in Pakistan. Companies all over the world are downsizing to cut the expenses.

In this article we will discuss the current situation of jobs in Pakistan and future prospects & outlook of jobs in Pakistan.

Jobs in Pakistan - Current Situation & Statistics

Currently, situation of jobs in Pakistan is getting tougher as the time is passing.  Along with the global economic downturn, there are also other factors which are immensely distressing the condition of jobs in Pakistan.

Since the last few years Pakistan is a victim of terrorism and religious extremism. This has affected the situation of jobs in Pakistan very badly, because foreign investors are reluctant to invest in Pakistan due to the law and order situation. Existing investors are limiting their operations to only the major cities of the country which eventually is affecting the situation of jobs in Pakistan overall.

Another big issue which is affecting the situation of jobs in Pakistan more than anything is lack of energy sources (electricity, gas and oil) to run the industry. Currently, this is the biggest dilemma of Pakistan, and for the same reason, industries are shifting to other countries or shutting down. This problem has raised the cost of production so high that Pakistani products cannot compete in the world with low-cost investment countries like China, Eastern Europe etc, which eventually affects the situation of jobs in Pakistan.

Political instability and lack of planning is another reason which is affecting the number of available jobs in Pakistan. Pakistan has lots of resources, however, its higher authorities have no planning to utilize them. Pakistan’s education system is also one of the contributing factor which affects the situation of jobs in Pakistan. Every year thousands of students are graduating and government has no planning to compensate them for jobs in Pakistan.

Despite these problems, there are many sectors which are providing some hope for the better situation of jobs in Pakistan. These sectors include IT Jobs, Banking Jobs, Telecom Jobs, NGO Jobs, construction and few others. These sectors are improving the current situation of jobs in Pakistan.

 

Jobs in Pakistan - Future Prospects & Outlook

Even though the current situation of jobs in Pakistan is not that promising, the future prospects and outlook of jobs in Pakistan is till bight. Pakistan is a country which has lots of potential to grow. It has world’s two most important seaports, sufficient amount of resources which are enough to feed not only to Pakistan but other countries as well. What Pakistan need is proper planning and has to take few steps to improve the check-and-balance system on higher level and implement following points:

• First of all authorities of Pakistan have to make the law and order situation better to attract the foreign investment
• Proper utilization of resources to fulfill the energy needs of industries
• Authorities have to ensure the political stability and continuity of the policies which are better for the situation of jobs in Pakistan
• Promote research in agriculture to enhance exports because Pakistan’s economy is based on agriculture. By promoting this sector we can boost the situation of jobs in Pakistan

This was the brief overview of the current situation of jobs in Pakistan. We discussed few issues which need to be addressed on the priority basis. If government does not address these issues in near future, situation of jobs in Pakistan may become even worse.