Labour market

Pakistan: Employment outlook in a setting of austerity

Labour market metrics including rising unemployment and increasing prices continue to hit enterprises, workers and households hard in Pakistan.

This brief examines the labour market trends in Pakistan and presents estimates of the impacts of the current economic crisis on employment outcomes in the near term. With employment shares declining and unemployment on the rise, the austerity-driven limitations on social outlays are expected to feed a downward spiral in labour market outcomes that could push the country’s progress toward decent work and inclusive growth backward by decades.

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ILO forecasts Pakistan unemployment up 1.5 million since 2021

Labour market

ILO forecasts Pakistan unemployment up 1.5 million since 2021