Tag: Unemployment
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Pakistani-born British neither studying nor working: Government report
British government statistics from 2017 to 2019 reveal that British youth of Pakistani origin are dropping out of education. The British government collects data during the annual population survey. According to the report, among the British youth, the majority of young Pakistani origin ones are not studying. The survey revealed that this young lot is…
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98 percent of Pakistanis unhappy with country’s direction, survey
Along with the country’s economy, restoring the declining confidence of Pakistani consumers is a big challenge for the caretaker government. Apsus Pakistan released the third quarter survey report of Consumer Confidence Index. According to the survey report, 98 per cent of Pakistanis are not happy with the country’s direction, while the number of Pakistanis who…
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Economic crisis: 95 per cent of Pakistanis fear unemployment
In Pakistan, 95 per cent of Pakistanis are worried about the possibility of unemployment, while only 5% are confident of job security. Apsus Pakistan’s new survey, based on public opinion, says that there has been a clear increase in the rate of Pakistanis claiming to be unemployed in the last one year. According to the…
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PM Kakar highlights the positive aspect of Pakistanis going abroad for ‘better opportunities’
it is not wrong to leave Pakistan for opportunities, says Prime Minister Kakar.
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Crisis on wheels: Pakistan’s automotive industry grapples with mass layoffs and 70% sales drop
The automotive industry in Pakistan is facing a severe setback as thousands of workers were laid off due to a decline in vehicle and spare parts sales. The government’s ban on raw material imports, coupled with the depreciation of the rupee and soaring inflation, has caused a significant strain on the industry. With foreign exchange…
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Pakistan’s inflation rate surges to an all-time high, reaching 38.9% in rural areas
According to recent reports, the finance ministry’s expectations of high inflation were met due to market frictions caused by the relative demand and supply gap of essential items, exchange rate depreciation, and recent upward adjustment of administered prices of petrol and diesel. However, there was a monthly decline in the inflation rate, which dropped to…
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ChatGPT’s impact on the job market: Which professions will be most affected?
The rise of artificial intelligence has led to concerns about job displacement and unemployment. As a large language model trained by OpenAI, ChatGPT is one such example of AI technology that has the potential to impact the workforce. In this article, we will explore the ways in which ChatGPT may affect jobs, and whether it…
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32,000 job seekers fill stadium in Islamabad to take police force test
Pakistan is facing serious financial troubles, and rising unemployment is just making matters worse for the country. Thousands of applicants can be seen seated on a stadium field to take a written test to be hired as constables by the Islamabad Police in a video that has recently surfaced on social media.
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After Twitter, Meta reportedly planning ‘large-scale’ layoffs this week
With plans to layoff thousands of employees this week, Facebook parent company Meta will join a growing list of digital companies that are reducing their workforces. As of September 30, Meta has over 87,000 people working for it across its various platforms, which include the social media sites Facebook and Instagram as well as the…
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Beggar gifts PKR 234,000 motorbike to wife, both continue begging together
A beggar from Madhya Pradesh begged for four years and purchased a motorcycle worth Rs234,000 (INR90,000) for his wife. He spent all of his savings on the bike as his wife complained about a backache from sitting on the tricycle he owned earlier. This story is from Amarwara village, where the beggar, Santosh Sahu, expressed his…