Unemployment rate spiking in Pakistan

World of Statistics recently placed Pakistan at the 24th position in its global list as unemployment rate spiked in the country.

As per the World of Statistics, the highest unemployment in the world was recorded in Nigeria, where 33.3 per cent of the workforce, exactly one-third, was looking for jobs. A similar situation is also witnessed in South Africa which is second with 32.9 per cent unemployment, ANI reported quoting The Express Tribune.

Bosnia and Herzegovina have an unemployment rate of 29.28 per cent. Among others with comparatively higher rates is Iraq with a 15.55 per cent rate and Afghanistan with 13.3 per cent. The rate in the UK is 3.8 per cent and USA 3.7 per cent, according to The Express Tribune as quoted by ANI in its report.

The unemployment rate in China and Canada was recorded at 5.2 per cent. Bangladesh is ranked 34th with an unemployment rate of 4.7 per cent, while Qatar has the lowest unemployment rate of 0.1 per cent.