The Legatum Prosperity Index by the Legatum Institute offers a unique insight into how prosperity has evolved in the past decade across the world. The index is based on statistics from different socio-economic sectors like governance and economy. It uses a wide variety of diverse factors to measure prosperity in a given country. Employment-related statistics constitute an important part of the index which shows that the overall prosperity of a country depends on employment levels and social security.
The index offers a snapshot of Pakistan’s progress on the employment front. In the past decade, several factors like female labour force participation and percentage share of white-collar jobs and salaried workers have increased. However, unemployment is also on the rise as the country’s population continues to increase exponentially. A glance at the statistics shows that there is plenty of room for improvement in the area.