Graduate unemployment rate stands at 14.9pc, clarifies PIDE

Islamabad

Pakistan Institute of Development Economics (PIDE) Tuesday clarified that the total graduate unemployment rate was estimated at 14.9 percent across the country according to Labour Force Sur-vey (LFS) 2017-18.

A statement issued by PIDE said that the insti-tute was in process of estimating unemployment, including graduate unemployment, using the re-cently released Labour Force Survey (LFS) 2017-18, and the figures quoted to Senate Standing Committee were the same as presented at the Plan-ning Commission last year.

“The total graduate unemployment rate was estimated at 14.9 percent but mistakenly it was men-tioned 24 percent, with the rates for graduate females at a high 40 percent,”.—APP

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