ISLAMABAD, Feb 13 (APP): The size of labour force has increased by 4.6 million during 2014-2018 (equivalent to 1.4 million per annum), said in an Annual Plan 2022-23.
According to details , approximately, half of the working-age population is out of the labour force, mainly due to very low female labour force participation (FLFP) rate and a high percentage of youth who are ‘Not in Education, Employment, or Training’ (NEET) with the NEET ratio remaining at 30-34 percent between the years 2009-2018.
Resultantly, youth unemployment rate is higher than the average unemployment rate.
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