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TERM PAPER
UNEMPLOYMENT AND ITSSITUATIONINASIA
Submitted to:
Sir Abdul Farooq 
Submitted by:
Muzammil Shahid (10)Ifzal Ahmed (09)Hajra Fazal(29)Adeel Abid(08)
(F005-BBA)
Date:11, December 2006
 
Contents
1. Introduction
 
3
1.1 Statement of problem 31.2 Objectives of Study 61.3 Methodology and source 71.4 Organization 7
2. Review of literature 83. Analysis of Data 23
3.1 Global Causes of Unemployment 233.2 Costs and effects of Unemployment243.3 Situation of Unemployment in South Asia 263.4 Situation in Pakistan 293.5 Role of Pakistan Government 31
4. Suggestions and Conclusions 336. References38
List of Illustrations
Table 1 27 Table 2 28Table 3 30Figure 1 27Figure 2 38
Appendix A 36Appendix B 37
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1.
 
Introduction
 
1.1Statement of Problem
Major obstacles in the path of Economic Development andGrowth of the Underdeveloped countries, better to saydeveloping countries are: Poverty, Inflation, illiteracy,Unemployment, Capital deficiency, Lack of saving andinvestment, Low GDP growth rate, Unequal income distribution,Political and economic Instability, and poor health,transportation and sanitation facilities.These are only the few obstacles out of long list of problematicsituations. Out of these we can say the most important or one of the bases of many other problems is the problem of Unemployment or Underemployment.Lacking a job often means lacking social contact with fellowemployees, a purpose for many hours of the day, lack of self-esteem, mental stress and illness, and of course, the inability topay bills and to purchase both necessities and luxuries. Theseeffects are especially serious for those with family obligations,
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