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…
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…
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…
UK wage growth may level off, muddying rates picture for BoE
This year's rebound in British wage growth risks petering out, potentially wrong-footing the Bank of England as it gets closer to raising interest rates, if omens from labour market data…
Pakistan’s economic legacy
Assessing Pakistan’s economic legacy is more than a historical reflection; it is a critical analysis of its trajectory. Successive governments’ policies shape growth, stability, and resilience, impacting the nation’s economy…
A revisit of trade components critical
Exports fuel domestic productivity and therefore employment and at the same time constitute the most desired form of earning foreign exchange. Pakistan’s exports are consumer based and traditional – rice,…
The challenge of rising interest rates
While inflation has become a major topic for debate in today’s world politics, it is actually a tale as old as time. The world’s first recorded hyperinflation came during the…
