ISLAMABAD: Signs of improvement in the country's economic situation are visible and the rate of Pakistanis losing their jobs in the last one year has decreased.
This was revealed in the second quarter report of Ipsos-Pakistan's consumer confidence survey 2024, in which more than 1,000 people participated from across the country. In the survey, there was a decrease of 7% in the percentage of Pakistanis who said that they were unemployed last year. In the previous survey, 57% and in the current survey, 50% said that they or someone they know was unemployed, while the rate of those who said they did not lose the job became 505 after an increase of 5%.
The rate of Pakistanis who became unemployed in the last year has decreased by 13% from September 2023 till now, as 63% said to be unemployed in September 2023. In the survey, a 10% decrease was also observed in the fear of losing a job among Pakistanis. In September 2023, 95%, while in the current survey, 85% expressed a fear of unemployment. In the same period, confidence among Pakistanis regarding employment also increased from 5% to 15%.