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THE low economic growth rate has depressed employment opportunities, with deep repercussion (impact, affect) for

bulging youth entering the workforce. And there are no official or private agencies which forecast job occurrences in different sectors to help them. Human resource consultants speculate on the growing sector. The potential graduates ultimately rely on their parents wishes or move with the flow of the tide. Today one finds a glut in the market for business graduates, medical professionals and engineers. An exploratory study was conducted in late 2010 to ascertain the kinds of jobs that occurred in the managerial cadre in calendar years, 2009 and 2010. The methodology adopted was to glean all advertisements appearing in two leading English dailies, in which, it was assumed, firms will advertise the most. Another limitation of this study was that organizations rely on other methods of recruitment too, like employee referrals, recruiting agencies etc as such. (Provide real example) It was assumed that nearly 20 per cent openings may not be listed at all. Similarly, other newspapers may exclusively be handling some firms and territories; another five per cent may be added to these figures. Duplication of positions is estimated as two per cent. Nearly 30 per cent job openings could be assumed as excluded in the following data. The aim of this study was to identify trends of job openings in different sectors, hierarchical levels, and type of organizations and periods of greatest intensity. This data has been collected meticulously by business students of Karachi Institute of Technology (PAF-KIET) as part of their term project. The sources tapped for this information relied on websites like, www.pakjobs.com and www.paperpk.com where historical record of advertisements is maintained which appear in different dailies. The 3rd and 4th quarters of the calendar year have higher number of openings presumably, since the national budget is presented in midyear and firms are in a better position to plan their business activity. The cross tabulation analyses of 2009 reflect that the opening in the manufacturing sector exceeds 50 per cent, which is a healthy trend. Telecommunication sector showed 10 per cent openings while banking sector showed only five per cent advertisements. Another significant finding is that public/governmental openings are to the tune of 30 per cent especially in the educational and health sector. It is also seen that MNCs are not expanding their business activities; young graduates should rein in their desire and instead opt for old national companies and emerging businesses where the openings exceed 25 per cent. More important, for young workforce is to know that entry level openings in all the sectors are still up to 25 per cent. The major movement is in the middle management where nearly 33 per cent openings appeared reflecting the upward mobile trends and cross functional skill accumulation

amongst the experienced managers similar to global trends. Surprisingly around 22 per cent advertisements referred to senior management, which reflects policies of leaning more towards external recruiting in higher management. Dawn reflects an increase of around 30 per cent in the number of openings in the first three quarters of 2010 as compared to similar period of 2009. This is a healthy indicator. However keeping in mind the expanding entry of young people in the workforce it can be summed up that there is stagnancy in job openings. The year 2010 again reaffirms that the openings in manufacturing and public sector is the higher. Banking sector remained stagnant to one per cent. As telecommunication sector is expanding steadily at 10 per cent, graduates with engineering background should be in demand. . The established national companies advertised openings up to 25 per cent. However; emerging firms also went up to 20 per cent. Similarly, the openings for senior management were advertised up-to 40 per cent, which should raise eyebrows why firms are unable to develop their own human capital? This study is a mere cursory attempt to fill in the gap which exists in our statistical forecasts to guide youth in selecting their careers. For this to happen more comprehensively, the sector-wise data should be provided on a periodical basis. The author is an associate professor in PAF-Karachi Institute of Technology