Unemployment And Its Impact On The Pakistan Economy Essay

INTRODUCTION Unemployment is one of the most difficult social issues of market economics. The unemployment shifts over the business cycles as understood as changes in aggregate demand relative to aggregate supply. This paper deals with the information and the causes of unemployment and its impact on the Pakistan economy. It also shows different aspects and reasons for growing unemployment in Pakistan including its prevailing economics crisis. The role of government is also taken care of to identify the causes of unemployment. The research is conducted about the impact of unemployment on Pakistan economy. Study identifies the economic reasons of unemployment in Pakistan, to search unemployment in Pakistan and Effects of social economic impact on youth of Pakistan. The research gives information of various reasons for unemployment and its impact on the economy of Pakistan. Those who have abilities and the will to do work, but there is lack of opportunities to get job are in the category of unemployed. When unemployment high resources are wasted, people’s income are depressed. In the current situation the ratio of unemployed persons in Pakistan is more than 12 percent which consists of 113 million peoples. (Nizami.S; 2010) According to latest labour survey for 2008-09, the unemployment rate has increased to 55% from 52% unemployment rate as 15 percent. (Khalil; 1999) There are so many reasons of unemployment in Pakistan. The biggest reason is the insufficient methods ofShow MoreRelatedPhillips Curve Methodology Is Used On An Information Set Of 35 Years Essay1623 Words   |  7 Pagesnation like Pakistan, Phillips Curve methodology is utilized on an information set of 35 years. Phillips Curve helps in analyzing the relationship in the middle of inflation and unemployment. 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