Muhammad Hassaan - ACA’s Post

As we navigate the current economic landscape in Pakistan, it's evident that the job market is facing significant challenges. With over 860,000 professionals leaving the country in search of better opportunities, we must reflect on the underlying issues. The lack of high-paying jobs and essential facilities from our government is pushing talent to seek opportunities abroad, leading to a brain drain that hampers our growth. Current Job Market Challenges High Unemployment Rates: The unemployment rate remains a pressing issue, particularly among the youth, which is a significant portion of our population. Limited Opportunities: Many sectors, especially in technology and services, are not expanding at the pace needed to absorb the growing workforce. Economic Instability: Fluctuating economic conditions, including inflation and foreign debt, are creating an environment of uncertainty for businesses and job seekers alike. Government's Role and Facilities Inadequate Infrastructure: The lack of proper facilities, such as healthcare, education, and transportation, is a barrier to attracting both local and foreign investments. Policy Implementation: There is a pressing need for the government to implement policies that foster job creation and support small and medium enterprises (SMEs). Investment in Human Capital: Focusing on education and vocational training can equip our youth with the skills needed for the evolving job market. Call to Action Collaboration Needed: It’s crucial for the government, private sector, and civil society to collaborate in addressing these challenges. Empowering the Youth: By investing in our youth and providing them with the necessary tools and opportunities, we can pave the way for a brighter future. Advocacy for Change: Let’s advocate for policies that prioritize job creation and the development of essential facilities to ensure a sustainable economic environment. Together, we can work towards a more prosperous Pakistan where talent is nurtured and opportunities abound. #governmentofpakistan #PMLN #PTI #cfbr #connections #callcenters #usacampaigns

Unlocking #Opportunities: #Transforming #Pakistan's Job Market with #HR #Innovation The job situation in Pakistan is challenging, with high unemployment and underemployment affecting many, especially young graduates. The informal sector dominates, offering low wages and limited #jobsecurity. As HR professionals, we face the tough task of attracting and retaining skilled talent in this environment. However, there are growth opportunities in sectors like #IT, #telecommunications, and #renewableenergy. We can make a difference by implementing robust #trainingprograms, promoting #continuouslearning, and enhancing #employeeengagement. By focusing on these #areas, we can help our #organizations thrive and support the broader economic recovery of our #nation. Let’s connect and share insights on navigating these challenges and driving positive change in Pakistan’s job market. #PakistanJobs #HRPakistan #JobMarket #Employment #CareerDevelopment #WorkforceDevelopment #TalentManagement #HRStrategy #EconomicRecovery #SkillsDevelopment #YouthEmployment #FutureOfWork #JobOpportunities #HRLeadership #WorkplaceWellbeing

Pakistan is grappling with a significant brain drain, especially in the IT sector. Over 2 million skilled professionals have migrated in the past decade, leading to a shortage of talent and expertise. Impact on the IT Sector 1. Loss of Expertise: Experienced professionals leaving hampers innovation and project delivery. 2. Stunted Growth: Companies struggle to scale due to a lack of qualified talent. 3. Decreased Competitiveness: Other countries are gaining an edge by attracting top talent. Solutions To combat this issue, Pakistan needs to: - Enhance Job Opportunities: Offer competitive salaries and benefits. - Foster a Supportive Ecosystem: Invest in infrastructure and startup support. - Promote Remote Work: Enable professionals to work for global companies from Pakistan. Conclusion Tackling brain drain is vital for the future of Pakistan’s IT sector. By creating an attractive environment, we can retain talent and drive innovation at home. #BrainDrain #Pakistan #ITSector #TalentRetention #TechInnovation

A recent survey by Ipsos-Pakistan's 2024 Consumer Confidence Survey suggests a slight improvement in Pakistan's job market, with unemployment falling from 63% to 50% year-over-year. While this represents a 13% decline, it still leaves half the population struggling to find work. There's also a cautious optimism – the number of people reporting job security rose 5%, and those fearing job loss dropped 10%. However, job insecurity remains high, with 85% still expressing anxiety. Despite these tentative signs of recovery, public confidence in the economy remains low. Only 16% of Pakistanis are satisfied with the current economic situation under the current government. This dissatisfaction likely stems from recent hikes in energy and fuel prices, a consequence of the IMF agreement. #pakistan #pakistannews #pakistaneconomy #lahore #karachi #islamabad #oilandgas #oilandgascomapnies

Want to alert a friend or colleague? Tag them! Disclaimer: This is not The Humanitarian’s opportunity. To apply, use the link(s) provided. 🚨 Job Opportunity Alert: Gender and Economic Inclusion Short-Term Consultant (STC) 🚨 Location: Karachi or Islamabad, Pakistan Organization: IFC - International Finance Corporation(IFC) - The World Bank Group Type: Short-Term Consultant Application Deadline: [Specify Deadline] Overview: The International Finance Corporation (IFC), a member of the World Bank Group, is seeking a Gender and Economic Inclusion Short-Term Consultant (STC) to support gender and economic inclusion work in the Middle East and Central Asia (MCT) region, with a focus on Pakistan. This role involves supporting business development, delivering advisory services, and engaging in knowledge management and communication. Key Responsibilities: Lead the delivery of the gender and climate Peer Learning Platform with the Pakistan Business Council (PBC). Support the delivery of women’s employment advisory services to client firms in Pakistan. Prepare and submit regular project progress reports. Manage project budgets and track spending. Integrate gender needs into IFC’s investment and advisory projects. Develop case studies, publications, and communication outputs. Support business development initiatives and forge partnerships in Pakistan. Qualifications: Minimum of 3 to 5 years of professional experience in private sector development and closing gender gaps. Experience in fields relevant to private sector development and/or gender and private sector. Work experience in an emerging market environment, preferably in MENA or South Asia. Experience with international organizations, donors, or development agencies is an asset. Strong communication skills in English; proficiency in Urdu desired. Highly collaborative, curious, innovative, and entrepreneurial. 📧 Interested candidates should send their CV to Zara Qaiser at zqaiser@ifc.org. The Humanitarian can assist in customizing your CV and aligning your experience to the opportunity. For assistance in applying, inbox The Humanitarian. Follow us at The Humanitarian for humanitarian opportunities, news, and more. Not the perfect opportunity for you? Sharing this opportunity may be The Humanitarian thing to do. You can always link someone to their next breakthrough. Relevant Hashtags: #TheHumanitarian #GlobalHumanitarian #SocialImpact #InclusiveHumanitarian #HumanitarianInnovation #SustainableDevelopment #HumanitarianCollaboration #TransparencyInAction #EnvironmentalStewardship #CommunityEmpowerment

** **The Problem:** For many qualified professionals, the job market in Pakistan has become increasingly challenging. It’s disheartening to see opportunities being awarded not on merit, but based on connections, familial ties, or socio-economic status. This trend is not just a minor inconvenience; it threatens the very foundation of a fair and just society. **Why Does This Happen?** 1. **Nepotism and Favoritism:** Many hiring decisions are influenced by personal connections rather than qualifications or experience. This undermines the principles of meritocracy and leaves deserving candidates sidelined. 2. **Feudalistic Influences:** In some regions, feudalistic systems still have a significant impact on employment opportunities. This perpetuates inequality and restricts social mobility, particularly for those without powerful connections. 3. **Lack of Transparency:** The hiring process in some organizations is opaque, with little to no communication about why certain candidates were chosen over others. This lack of accountability breeds mistrust and resentment among job seekers. **The Impact:** The impact of these practices is far-reaching. Talented individuals are forced to either accept lower positions or leave the country in search of fair employment. This not only drains the nation of its talent but also hampers economic growth and innovation. **Call to Action:** It’s time for a collective effort to challenge these outdated practices. Here’s what can be done: 1. **Advocacy for Merit-Based Hiring:** Organizations, educational institutions, and job seekers need to come together to promote hiring based on merit. This can be done through public campaigns, social media movements, and advocacy groups. 2. **Demand for Transparency:** Companies should be encouraged to adopt transparent hiring practices. This includes clear job descriptions, unbiased interview processes, and constructive feedback for all candidates. 3. **Whistleblower Protections:** Employees and job seekers should be protected and encouraged to report instances of nepotism or favoritism without fear of retaliation. 4. **Government Oversight:** The government should take a more active role in monitoring and regulating hiring practices, ensuring that all citizens have equal access to job opportunities. **Conclusion:** Fair hiring practices are not just a matter of ethics; they are essential for the progress and prosperity of Pakistan. By addressing these issues head-on, we can work towards creating a more just, equitable, and vibrant job market for all. It’s time to break free from the shackles of nepotism and favoritism and embrace a future where every individual is judged on their merits, not their connections. **Join the Movement:** We invite you to join us in advocating for fair hiring practices in Pakistan. Share your stories, raise your voice, and help us build a brighter future where opportunities are accessible to all. #HumanBeing ---

As Pakistan enters 2024, its job market is experiencing significant changes due to economic trends, technological advancements, and socio-political factors. The country is focusing on economic stabilization and growth through infrastructure development, digital transformation, and industrialization. Key growing sectors include: Information Technology (IT) and Telecommunications: Offering opportunities in software development, cybersecurity, data analytics, and e-commerce, driven by a tech-savvy workforce and foreign investments. Renewable Energy: Investment in solar, wind, and hydroelectric projects is creating jobs in engineering and technical maintenance while addressing energy and environmental needs. Healthcare: Expansion in response to a growing population is increasing demand for medical professionals and boosting the pharmaceutical industry. Agriculture and Agritech: Modernization through agritech is enhancing productivity and creating jobs in technology, research, and logistics. Challenges facing the job market include high unemployment and underemployment, skill mismatches, political and economic instability, and gender disparity. The government is addressing these issues with initiatives such as youth entrepreneurship programs, enhanced vocational training, and public-private partnerships. Overall, while there are promising opportunities in emerging sectors, overcoming these challenges is crucial for sustainable job growth and economic potential.

Tackling #Pakistan’s #BrainDrain Pakistan is currently experiencing a significant brain drain, primarily driven by economic instability, political uncertainty, and a disproportionately high tax burden on the salaried class. Our main concern is on the departure of middle management professionals with 5 to 10 years of experience—a vital segment that cannot be readily replaced. The Core Issue: Middle Management Exodus Middle management professionals are leaving Pakistan in alarming numbers. Unlike fresh graduates, these individuals possess critical hands-on experience and institutional knowledge that are irreplaceable in the short term and it takes time to develop such talent. Economic and Political Instability as Catalysts Economic fragility compounded by political unrest has made the professional environment in Pakistan precarious at best. The high tax burden, especially on the formally employed, exacerbates this situation, making overseas opportunities more attractive. #IT-Enabled Services: A Beacon of Opportunity There is substantial potential within the #IT-enabled services sector, including call centers, #BPOs for human resources, legal processes, and digital marketing. These areas represent low-hanging fruit for quick development and significant returns on investment. Learning from the Philippines: A Case Study in IT Export Growth The Philippines’ remarkable growth in IT exports, particularly through voice-operated call center services, offers valuable insights. This success was achieved by leveraging a large English-speaking population and investing heavily in training and infrastructure. Pakistan could adopt a similar model, focusing on its strengths like a young, tech-savvy workforce ready to be upskilled. The Role of Digital and Cashless Economies Transitioning to a cashless economy is another strategic move that could stabilize and grow Pakistan’s economy. Incentives for using digital payment solutions like EasyPaisa, JazzCash, and others should be enhanced to encourage widespread adoption. This shift would not only streamline transactions but also bring a substantial portion of the economy into the formal sector, increasing transparency and tax compliance. A Call to Action for the Business Community The ongoing brain drain in Pakistan is a pressing concern that requires immediate and strategic intervention. While the government’s role remains pivotal, the inefficiencies observed in public sectors such as police stations, NADRA, or passport offices highlight a need for the private sector to step up. The business community must invest in both digital and physical infrastructures to foster a conducive environment for professional growth and retention. By doing so, Pakistan can mitigate the brain drain and set a course towards sustainable economic prosperity. #BrainDrain #PakistanEconomy #TechTalent #ITEnabledServices #DigitalPakistan #BPO #CallCenter #ProfessionalDevelopment #EconomicDevelopment #WorkforceDevelopment

🌍 The Global Ripple Effect on Kenya's Job Market 🇰🇪 Global events like recessions and pandemics may seem distant, but their impact on Kenya's job market is profound. The 2020 global recession, triggered by the COVID-19 pandemic, highlighted how interconnected our economies are. As global trade slowed, Kenya’s key industries, including tourism and agriculture, faced significant challenges, leading to job losses and economic instability. However, with every challenge comes an opportunity. The rise of digital platforms and innovations in fintech have opened new avenues for SMEs in Kenya to thrive despite global disruptions. Embracing digital solutions and strengthening local supply chains can make businesses more resilient. At Accurate Resumes, we understand that navigating these uncertain times requires a strong, adaptable workforce. We're here to help you craft resumes that not only reflect your skills but also position you for success in a rapidly changing job market. 💼 Accurate Resumes - Helping you land more interviews, even in tough times. #JobMarket #KenyaEconomy #GlobalImpact #AccurateResumes

Attention recruiters in Pakistan, as a job seeker, I urge you to consider the impact of inflation on employee compensation. In the current economic climate, it's crucial for companies to proactively review salaries and implement Cost of Living Adjustments to ensure fairness and retain talent. Transparent communication about adjustments and offering non-monetary benefits are also vital for employee satisfaction. Additionally, I encourage recruiters to prioritize incentives and bonuses tailored to our cultural values and organizational goals, fostering a motivating work environment. Let's navigate these challenges together with empathy and strategic planning to build resilient teams ready for success in Pakistan's evolving job market. #JobSeekers #Inflation #CompensationReview #RecruitmentChallenges #PakistanJobs #accountantjobs #accountingandfinance #jobs #financejobs