Numerous direct and indirect job losses occurred as a result of the decline in big industry production, primarily in the textile and car industries, although the Economic Survey FY23 made no mention of a severe employment situation for the upcoming fiscal year.
The employed labour force increased to 67.25 million in FY21 from 64 million in FY19, according to the report, although numbers for FY22 and FY23 were similarly lacking.
The poll estimates that as of December 2022, more than 12.4 million Pakistanis had travelled abroad for jobs through formal channels in more than 50 nations, providing a satisfying prospect for employment abroad.
Saudi Arabia and the United Arab Emirates are home to the majority (more than 96%) of Pakistani workers who have applied for work abroad.
The Bureau of Emigration and Overseas Employment (BE&OE) reports that in 2022, more than 62 percent (514,725) of Pakistani employees relocated to Saudi Arabia for employment, followed by the UAE (15.5 percent).
Oman employed 82,380 people (9.9%), whereas Qatar took in 57,984 workers from Pakistan across all occupations (7%). 13,652 (1.6%) and 6,175 (0.7%) labourers were accepted by Bahrain and Malaysia, respectively.
Numerous chances for Pakistanis have been established as a result of the extensive development projects carried out by the GCC’s Vision 2030 and are set to continue in the upcoming years. 829,549 people were registered by BE&OE for employment abroad in 2022. When comparing the number of emigrants registered in 2022 to 2021, a general upward trend was seen.
Punjab (458, 241) had the greatest percentage of workers who travelled overseas in 2022, followed by Khyber Pakhtunkhwa (224, 889), Sindh (59, 067), Balochistan (8, 013), Azad Kashmir (29, 496), and tribal areas (42, 152). As a result, from 286,548 in 2021, the total number of people registered for employment abroad increased to 829,549 in 2022.