Extremely high unemployment rate
The digital Population and Housing Census of 2023 conducted by the Pakistan Bureau of Statistics (PBS) has come up with an amazing and extremely worrying estimate. Apparently, the overall national…
Higher unemployment and lower real wages
There has been a great deal of euphoria about the stabilisation of the economy of Pakistan. This is amply demonstrated by the quantum decline in the rate of inflation. The…
How online business ventures can help deal with unemployment challenge
Business closures, downsizing, joblessness, recession, industry decline, market saturation, shutdowns, retrenchments, customer defection and staff attrition. This is a sample of oft-repeated words, policies and trends we have heard, read…
Rising unemployment and falling real wages
The devastation caused by the floods and the resulting supply shortages, along with severe import restrictions, has led to a big loss of growth in the economy. The Pakistan Bureau…
Big rise in poverty, unemployment
The current combination of various negative factors is likely to lead to a big exponential jump in the number of unemployed and the poor in the country. There is the…
Grim and getting worse: US set for historic unemployment surge
Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll. In the US economy, skyrocketing unemployment is the most-visible sign…
Falling US unemployment rate hides racial disparities
The US jobs report on Friday showed the black unemployment rate in April fell to its lowest on record but the figure hides a multitude of racial disparities. And those…
Poverty, unemployment, some other grim realities
With the advent of Naya Pakistan came a promise to create 10 million new jobs within a 5-year term. This was not an unreasonable target. According to a 2018 Human…
Unemployment, danger and violence pushing Hondurans to flee to US
Choking back tears, Glenda Lagos laments the departure of her teenage daughter to join the Honduran migrant caravan heading to the United States despite threats from President Donald Trump to…
The unemployment challenge
Mohsin Iqbal in a letter to the editor of Business Recorder had asked me to write about 'the unemployment challenge'. This article is in response to the request. Source of…
