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Minister of Planning and Development on Friday said that 37 per cent of Pakistanis lost their jobs due to the outbreak of the Covid-19 pandemic.
Briefing the Senate on the matter, the minister said that the pandemic has affected the country’s economy like other parts of the world.
The figures collected to figure out the socio-economic impact of the Covid-19 pandemic were revealed by the ministry during question-hour in the Senate.
The ministry said 49 per cent (27.31 million) of people belonging to the working class were affected by the pandemic. 37 per cent of the workforce lost their jobs and were unable to find a replacement.
The highest unemployment due to Covid-19 was reported in Khyber Pakhtunkhwa, where about 55 per cent of the working class lost their jobs or saw a reduction in their income.
Experts watching global labour trends believe that post-Covid-19 readjustments mean that some lost jobs may never reappear as some sectors may shrink permanently and others flourish and expand.
The pandemic delivered a severe blow to global trade, with export volumes dropping abruptly to their lowest in nearly a decade in March and April, last year.
