Pakistan News

    Unemployment Rate 1995 To 2015 In Pakistan

  • US Fed chief sticks to 2015 timeline for first rate hike

    WASHINGTON: Federal Reserve Chair Janet Yellen on Wednesday stuck to her forecast for an increase in the Fed’s key interest rate later this year, predicting a pick-up in the US economy...

    The labour market still showed “some” slack, she noted — one reason accommodative monetary policy was still merited despite the unemployment rate falling to 5...

  • Fed inadvertently publishes staff forecast for 2015 rate hike

    WASHINGTON: Staff economists at the Federal Reserve expect a quarter-point US interest rate increase this year, according to forecasts the Fed mistakenly published on its website in a gaffe that drew criticism about its ability to keep secrets...

    The rate forecast was included with a series of bearish projections on US economic growth and inflation that were presented to policymakers at their June 16-17 meeting...

  • Alibaba Singles' Day sales pass 2015 total, but growth rate slows

    36 bn) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts...

    Amid fanfare and celebrity razzmatazz, sales on Alibaba's platforms had raced to a billion dollars in under five minutes and within the first 60 minutes had passed $5bn ? a third faster than 2015 as the e-commerce giant looked to shrug off a domestic economic slowdown and a US accounting...

  • French unemployment at record high

    PARIS: French unemployment rose to a fresh record high in April, official statistics published on Monday showed, with 3...

    The news will come as a blow to the government of President Francois Hollande, who has pledged not to seek a second term in office in 2017 if he fails to reverse the upward trend in unemployment...

  • Unemployment at 6pc? Private sector begs to differ

    PAKISTAN’S official unemployment rate is around six per cent...

    “Competition, ambition and the realisation of the expanding scope of business opportunities in Pakistan are forcing serious entrepreneurs to gain better insight of the society,” said a business guru, explaining the expanding role of private market research firms in the country...

  • From unemployment to self-employment

    Unemployment is leading to self-employment and it is working wonders for many a household in urban Pakistan...

    There are enough young people holding MBAs and degrees in Humanities and Social Sciences to fill at least an economy thrice the size of Pakistan’s...

  • Unemployment looms for Aussie cricketers, warns union

    MELBOURNE: More than 200 of Australia’s top cricketers face unemployment within days, with a bitter pay dispute ‘extremely’ unlikely to be resolved by a deadline on Friday, players’ union boss Greg Dyer has warned...

    ACA president Dyer said players and Cricket Australia remained ‘a long way apart’ on basic issues and the union was preparing its members for unemployment...

  • Increasing unemployment

    The unemployment rate is on the rise, depriving a sizable segment of the population of its livelihood and preventing the harnessing of the real potential of both manpower and natural resources for development...

    According to the latest short-term IMF forecast, Pakistan’s economy will grow at 5pc in FY2017 and 5...

  • Unemployment

    Unemployment lies at the root of all social evils prevalent in society...

    Pakistan is among countries affected by unemployment...

  • CPEC to reduce poverty, unemployment: PM Nawaz

    ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) will help regional countries in reducing poverty and to bring in durable peace, Prime Minister Nawaz Sharif said on Monday...

    Addressing the inaugural session of the two-day CPEC Summit and Expo to enhance awareness about the ambitious project, Sharif said the project would not only serve as a “game-changer” for Pakistan, but also for entire region by helping it rid of deprivation...

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