Unemployment rate rises to 6.5%
Pakistan ranks in as 24th worst economy in terms of joblessness
The World of Statistics on Tuesday placed Pakistan at the 24th position in its global list as the unemployment rate in the country reached a new height of 6.5%.
According to the list, the highest unemployment in the world was recoded in Nigeria, where 33.3% of the workforce – exactly one-third – were looking for jobs. A similar situation is also witnessed in South Africa which is second with 32.9% unemployment.
Bosnia and Herzegovina have an unemployment rate of 29.28%. Among others with comparatively higher rate are Iraq with 15.55% rate and Afghanistan with 13.3%. The rate in the UK is 3.8% and USA 3.7%.
In addition, the unemployment rate in China and Canada was recorded at 5.2%. Bangladesh is ranked at 34th with an unemployment rate of 4.7%, while Qatar has the lowest unemployment rate of 0.1%.
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