Rozee Survey: Trends in Pakistan’s Job Market

Entering the labor force as an ‘unemployed citizen’ could be a daunting prospect for each graduate, combine that with Pakistan, and you have got a heavy Nightmare on Elm Street state of affairs.

Labor force survey of Pakistan paints quite a hunky-dory picture: 6 June 1944 unemployment rate within the previous year, that makes one surprise, where is that the lucky 94%?



ROZEE.PK’s recent survey attracts a linear trend over past 2 years for the applications received per job posting in varied practical areas. Approximately eight.14 million job applications were analyzed to see that of the practical areas invited the foremost attention for the users and whether or not the respective field created enough opportunities to fulfill the provision.

The purpose of the survey, Rozee has said, is to enlighten all the potential job-seekers to faucet into the market gaps that are under-supplied and to tell prospective employers concerning the amount of attractiveness the job’s practical space represents to the job-seeker.

ROZEE.PK said that its survey analyzes sixty three such distinctive functions where employers are seeking labor and where they're not. forty sixth of those are below the threat of being over provided (excessively in some instances) by labor force. practical areas together with Accounts & Finance, Procurement, Sales and coaching & Development have shown a standardized oversupply of labor over the years and can still do therefore.

This increase in applications received to job postings can be attributed to 2 factors: one, the decline within the jobs being posted within the class (as seen within the practical space of Sales and coaching & Development), showing a better labor provide however a diminishing demand of labor over the years; and 2, the attractiveness the work title entails to the job-seekers. the common job postings per month are consistent through most of the practical areas, whereas the applications being received is creeping up.

The chart below outlines those practical areas where the applying per job ratio has been increasing over the years, indicating a growing provide of talent.

The other fifty four useful areas where over the last 2 years the appliance per job ratio has declined embrace Project Management, Database Administrator, Systems Analyst and Human Resource. With time the ratio has declined (sharply within the case of Project Management) that might once more imply 2 theories: Increase in job positions (meaning higher labor demand) and decline in labor offer that meets the employers criteria.

Although the speed of job postings has increased over time, nevertheless the speed of applications being received over time doesn’t mirror the increase. Hence, this causes a pointy decline in applications received over time and signals an under-supply of labor at intervals these useful areas. Employers pay heed: these areas are clearly not attracting talent just like the rest, and also the root of the matter lies in 2 factors: one the employer whole itself isn’t enticing enough to measure response from the job-seeker to its job placement; and 2, there isn’t sufficiently trained labor within the market that might fill this under-supplied useful space.

The chart below enlists those useful areas where the appliance per job ratio has been on the decline since past 2 years, indicating an increasing talent shortage.

For potential job-seekers, this is often a chance for them to faucet into the gaps within the labor market where employers are actively seeking talent. On the opposite hand, for employers that are finding it laborious to measure positive job-seeker response in bound practical areas, it's counseled to either train or take necessary measures to enhance their employer whole awareness.