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The Pakistan Institute of Development Economics (PIDE) on Monday informed the senate body that a total of 24 percent educated people in Pakistan are currently jobless.
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.