What do you think would have happened to employment in Pakistan in the last few years? An immediate thought would be that the unemployment rate will have been soaring thanks to the Covid-19 pandemic. However, to the contrary, there has been a marked increase in employment despite the pandemic.
Coming after the delayed results of the last 2018-2019 edition of the Labour Force Survey (LFS), the 2020-2021 LFS by Pakistan Bureau of Statistics (PBS) updates the labour market’s situation during the Covid-19 pandemic period.
The survey, which was conducted for the period of June 2020 to July 2021 was, for the first time, carried out on digital tablets through a specialised Android software application.
The survey obtained data from the highest number of sample households in the history of all LFS previously conducted. A total of 99,904 households were surveyed, which is a considerable increase from the 41,184 households that were surveyed for the 2018-2019 LFS. The content in this publication is expensive to produce. But unlike other journalistic outfits, business publications have to cover the very organizations that directly give them advertisements. Hence, this large source of revenue, which is the lifeblood of other media houses, is severely compromised on account of Profit’s no-compromise policy when it comes to our reporting. No wonder, Profit has lost multiple ad deals, worth tens of millions of rupees, due to stories that held big businesses to account. Hence, for our work to continue unfettered, it must be supported by discerning readers who know the value of quality business journalism, not just for the economy but for the society as a whole.To read the full article, subscribe and support independent business journalism in Pakistan
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