The preponderance of new jobs throughout the last three years has been generated in the industrial sector.
The survey detections disclosed that Pakistan’s economy generated overall 5.5 million jobs throughout the formerly three years –on an average of 1.84 million jobs a year, which is far more excessive than the yearly average of formation of new jobs during the 2008-2018 decade.
Out of 5.5 million, 2.5 million jobs were generated in the industrial sector. Another 1.4 million jobs were generated in the agriculture sector and around 1.7 million in the services sector.
It is believed that China-Pakistan Economic Corridor (CPEC) has also played a predominant role in the evolution of the Industrial sector of Pakistan by sorting out the energy crisis and rendering more direct and indirect jobs.
Industrialization in Special Economic Zones (SEZs) under CPEC is targeted at creating around 475,000 direct and 1 million indirect jobs across the country.
According to officials of the Ministry of Planning and Development, the survey findings were endorsed by a technical committee, comprehending official and independent experts.
PBS covered 6,808 enumeration blocks and 99,904 households for survey purposes.