Abstract

Unemployment, particularly youth unemployment, is a big issue that countries are facing globally. It has been a major concern for many countries like Pakistan. In this research, we develop an empirical study on investigating the determinants affecting youth unemployment in Pakistan. This study observes the youth unemployment and the variety of determinants that were identified as political instability, lack of investment, backwardness of agriculture sector, and overpopulation. This study discussed that young people aged (15-24) have been largely affected by the existing recession. This is for the reason that the present youth group is quite big, the longer-term viewpoint for youth unemployment is relatively great and there is a sturdy case for policymakers currently to tackle these problems that the present group is having in finding access to work. It also discusses the need for sufficient employment environment, policy examining, and assessment of the reasons to assist in providing more advanced jobs for youth. The results show that political instability, lack of investment, backwardness of agriculture sector, and overpopulation significantly affect youth unemployment. Keywords : Political instability, lack of investment, backwardness of agriculture sector, overpopulation, youth unemployment, Pakistan JEL Classifications: E24, J43 DOI: https://doi.org/10.32479/ijefi.10386

Highlights

  • In the recent times, unemployment has become a hot issue and it is growing rapidly worldwide

  • As regards as the first factor, political instability results explain that youth unemployment will rise if the political instability increases

  • This research provides important data supporting the hypothesis that political instability causes youth unemployment

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Summary

INTRODUCTION

Unemployment has become a hot issue and it is growing rapidly worldwide. In Pakistan, the time of the nineties was set apart by rising unemployment because of low economic growth and the result of fiscal tightening It was further provoked by the restructuring and privatization of public sector enterprises (Akhtar and Shahnaz, 2006). One study conducted by Kalim (2003) on finding the factors affecting the unemployment in Pakistan. Another study conducted by Maqbool et al (2013) on finding the factors affecting unemployment in Pakistan. They worked on four factors namely: inflation, GDP, FDI (foreign direct investment), and population which have a positive relation to unemployment in Pakistan. The determinants considered in this research are political instability, lack of investment, overpopulation, and backwardness of the agriculture sector

DESIGN
RESEARCH METHODOLOGY AND HYPOTHESIS TEST
Findings
DISCUSSIONS AND CONCLUSION
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