There are a number of causes of unemployment in Pakistan.The most important of these causes is a non stop increasing population. Deteriorating law and order situation has slowed down the tempo of economic activity. Karachi is the biggest industrial base of our country. But investors are reluctant to invest there because of continuous unrest and violence.
Our educational system is also responsible for the high unemployment rate among the educated youth. The attitude of our youth towards the choice of a career is also unrealistic and unproductive. They want to get only some white-collar job. Rapid mechanization and computer technology are also causing unemployment.
Unnecessary and frequent strikes in factories have compelled the owners to go for automation and such technology as requires less manpower. Lack of infrastructure facilities, especially in the field of energy, telecommunication and transportation also prevent the industrialist from setting up new industries. Large scale smuggling which has flooded the market with cheaper goods poses a serious threat to the development of local industry. Tight bureaucratic control on the economy, inadequate credit facilities and complex tax system are also some important factors that are creating hurdles in the way of private sector investment in industrial projects.
Our educational system is also responsible for the high unemployment rate among the educated youth. The attitude of our youth towards the choice of a career is also unrealistic and unproductive. They want to get only some white-collar job. Rapid mechanization and computer technology are also causing unemployment.
Unnecessary and frequent strikes in factories have compelled the owners to go for automation and such technology as requires less manpower. Lack of infrastructure facilities, especially in the field of energy, telecommunication and transportation also prevent the industrialist from setting up new industries. Large scale smuggling which has flooded the market with cheaper goods poses a serious threat to the development of local industry. Tight bureaucratic control on the economy, inadequate credit facilities and complex tax system are also some important factors that are creating hurdles in the way of private sector investment in industrial projects.
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