Essay on Unemployment in Pakistan

Unemployment

The   jobless   state  of  a person  is  known  as unemployment .

The occurrence   of   unemployment  in   the medium   is  due  to  The   downfall or crises  in the economic  state  of  a country.

The   main  cause of  unemployment  is  also  when  the opportunity   is  less and   capability or competence  is  more.

According to internal  labor  organization  report  more than  197 million  people  globally  are out of  work  or 6% of   the  words  workforce were without  a job  in  2012.

The prevailing   condition of our  native  country  Pakistan  is  not substantially  satisfactory  regarding  in the economic medium.

The    of youth   is protesting   against   their rights but    the supremacy  are suspiciously  dwindling  with  them

There are some factors which   effects the whole medium of employment .While un wrapping  it the main  causes of it would  be discussed too . The  main  factor of unemployment within the economic system is  the structural unemployment  which  focuses on problem in the  economy and in  efficiencies  inherit

In labor markets  including the  miss match  in supply  and demand  of labour with necessary  skill sets . Frictional  unemployment  focus  on voluntary  decisions to   work   based on each  individual valuation  of their own  work  and how  that  compares to  current  wage rates plus  the time and effort required to  find a job. Behavioral economists   high individual bases in decision making  and often  involve problem and solution  concerning  sickly  wages and efficiency  wages.