24pc educated people are jobless countrywide, Senate body told

[nang2]

It means education is a lousy investment in this case. Why invest in education when there is no job? You need more entrepreneurs who can create jobs and education DOES NOT create entrepreneurs.

 

[313ghazi]

Learn to code.

 

[nang2]

M.Phil degree

What is this degree? Anybody would enlighten me on this?

 

[VCheng]

The Pakistan Institute of Development Economics (PIDE) on Monday painted a grim picture of the rising rate of unemployment across the country, underlining that 24 per cent of educated people were jobless at the moment.

And this number excludes the chronically under-employed, including which would make the situation even worse.

This 24 percent includes every type of unemployment. Only those who don't want to work are completely unemployed

It depends on how that unemployment is defined. Underemployment is different.

 

[blueazure]

no money. really. no money at all to afford risk.

it takes 10,000 /- to start a clothing business

and a mobile phone + instagram acc to market finished clothes

i did facebook advertising of my products( 10USD budget only), and sales inquiries are up 10 x already



but our youth rather watch girls on insta all day and then complain no jobs

a mechanical engineer from NUST was unable to tell that what would be 3/4 inches in centimeters, not even after using calculator.

if this is the condition of NUST, i can imagine where the rest stand

 

[S.Y.A]

if this is the condition of NUST, i can imagine where the rest stand

the guy is exaggerating for comic effect, nothing more.

 

[Falconless]

if this is the condition of NUST, i can imagine where the rest stand

To be fair, besides the Americans nobody uses the imperial system for engineering.

 

[LeGenD]

What is this degree? Anybody would enlighten me on this?

Master of Philosophy degree. This degree is issued for academic research work on a topic of your choice. You have to develop academic research skills by studying relevant courses and write a thesis in which your research work is documented.

 

[nang2]

Master of Philosophy degree. This degree is issued for academic research work on a topic of your choice. You have to develop academic research skills by studying relevant courses and write a thesis in which your research work is documented.

Thanks, that is a fairly advanced degree.

 

[Thorough Pro]

I can accept the jobless part but I can't believe we have educated people, literate yes, but educated? maybe a fraction of 1% of the literate with professional qualifications above masters degree

View attachment 780517

The Pakistan Institute of Development Economics (PIDE) on Monday painted a grim picture of the rising rate of unemployment across the country, underlining that 24 per cent of educated people were jobless at the moment.

The PIDE, in its briefing to the Senate Standing Committee on Planning and Development meeting chaired by Saleem Mandviwala, said the unemployment rate in the country had reached 16pc — contrary to the government's claim of 6.5pc.

The committee was also informed that 40pc of educated women were also unemployed countrywide.

The term 'educated' here refers to those people who have acquired an undergraduate or graduate degree, which should enable them to find a job.


The PIDE officials pointed out that some educated people get themselves enrolled in M.Phil studies to continue learning as they struggle to fetch a better job. This also skewed the unemployment rate as they weren't included in the figures.

'1.5m people including M.Phil degree holders applied for a peon's job'
The officials told the Senate committee that at least 1.5 million people applied for a peon's position in a high court that was advertised recently.

"Among those applying for the job included M.Phil degree holders," officials said.

Mandviwala sought the exact number of educated youth and children in the country.

In response, the PIDE officials said that no research was being conducted at the government level, adding that all such studies were done from abroad.

They said several research institutes were operating in the country, but the research purposes were not being fulfilled.

The Economic Survey 2020-21 released in June this year had revealed the spread of Covid-19 had severely affected employment conditions in the country and the suspension of economic activities due to imposition of lockdowns rendered an estimated 20.71m workers jobless.

According to the survey, a large population and lack of proper management of human resources have also had a negative impact on the employment rate in the country.

"Pakistan being the fifth most populous country with the ninth largest labour force in the world, adds a large number to its workforce every year," the report had pointed out.

24pc educated people are jobless countrywide, Senate body told

At least 1.5m people including M.Phil degree holders applied for a peon's job advertised recently, say officials.

www.dawn.com

 

[ziaulislam]

View attachment 780517

The Pakistan Institute of Development Economics (PIDE) on Monday painted a grim picture of the rising rate of unemployment across the country, underlining that 24 per cent of educated people were jobless at the moment.

The PIDE, in its briefing to the Senate Standing Committee on Planning and Development meeting chaired by Saleem Mandviwala, said the unemployment rate in the country had reached 16pc — contrary to the government's claim of 6.5pc.

The committee was also informed that 40pc of educated women were also unemployed countrywide.

The term 'educated' here refers to those people who have acquired an undergraduate or graduate degree, which should enable them to find a job.


The PIDE officials pointed out that some educated people get themselves enrolled in M.Phil studies to continue learning as they struggle to fetch a better job. This also skewed the unemployment rate as they weren't included in the figures.

'1.5m people including M.Phil degree holders applied for a peon's job'
The officials told the Senate committee that at least 1.5 million people applied for a peon's position in a high court that was advertised recently.

"Among those applying for the job included M.Phil degree holders," officials said.

Mandviwala sought the exact number of educated youth and children in the country.

In response, the PIDE officials said that no research was being conducted at the government level, adding that all such studies were done from abroad.

They said several research institutes were operating in the country, but the research purposes were not being fulfilled.

The Economic Survey 2020-21 released in June this year had revealed the spread of Covid-19 had severely affected employment conditions in the country and the suspension of economic activities due to imposition of lockdowns rendered an estimated 20.71m workers jobless.

According to the survey, a large population and lack of proper management of human resources have also had a negative impact on the employment rate in the country.

"Pakistan being the fifth most populous country with the ninth largest labour force in the world, adds a large number to its workforce every year," the report had pointed out.

24pc educated people are jobless countrywide, Senate body told

At least 1.5m people including M.Phil degree holders applied for a peon's job advertised recently, say officials.

www.dawn.com

Mphil in arts are jobless in USA as well

Master of Philosophy degree. This degree is issued for academic research work on a topic of your choice. You have to develop academic research skills by studying relevant courses and write a thesis in which your research work is documented.

Mphil is equivalent to masters in every other country

Thanks, that is a fairly advanced degree.

Not really