Unemployment ratio stands at 5.8 percent: survey

Last updated on: 11 January,2019 10:31 pm

Service sector provided jobs to 37.8 percent, a slight jump from 35.1 percent five years back

KARACHI (Dunya News) – The country’s unemployment ratio stood around 5.8 percent in the country, according to a survey of Pakistan Bureau of Statistics (PBS) on labor force 2017-18.

While the ratio of male unemployment stood at 5.1 percent, unemployment ratio in female stood at 8.3 percent.

As per the data released by PBS, agriculture sector provided 38 percent of employment in FY17-18, less than the 42 percent it was providing five years ago.

Industrial sector provided 23.7 percent of jobs in the said period, whereas the ratio was 22.6 percent five years back.

Service sector provided jobs to 37.8 percent, a slight jump from 35.1 percent five years back

Furthermore, literacy rate in country stood around 62.2 percent, with literacy rate for male at 71.6 percent and female at 51.8 percent.