To reduce rising trend of unemployment: Govt failed to focus on growth-oriented policy: PEW.
He said government should pay heed to labor intensives projects in order to reduce the unemployment in the country as it had been estimated that there was about 20 per cent to 30 per cent of total labor force that goes to waste in the thickly populated countries like Pakistan. If the citizens of the country are not well skilled and professional than how it can be expected that the country will do the progress.
Pakistan has seen very low labour productivity over the last decade. In addition the relatively low growth in labour productivity has not gone hand in hand with the rising labour force and employment growth.
He said although the employment to population ratio has gradually increased over the last ten years from 46.8 percent to 50.4 percent. But at the same time, of anxiety is the still relatively high employment-to population ratio of almost 80 percent for men.
"Economic managers must solve the problems of education, social infrastructure and economic policy-making which would help at large to solve the country's economic woes," he added. Dr.Murtaza Mughal urged the government to initiate reforms efforts so that country could achieve a higher and sustainable economic growth, reduce level of poverty, reducing unemployment and to raise the living standard of the masses.
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|Publication:||The Frontier Star (Northwest Frontier Province, Pakistan)|
|Date:||Aug 25, 2012|
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