ISLAMABAD: The Lahore-based Center for Economic Research in Pakistan (CERP) has tracked down a disturbing lull in generally monetary recuperation in Punjab with provincial zones proceeding to decay as of late.
Delivering the discoveries from its January 2021 Economic Vulnerability Assessment (EVA) in view of a telephone review noticed that in spite of the fact that work bounced back fundamentally between June-July 2020 (Round 1) and September-October 2020 (Round 2), the Dec 20-Jan 21 (Round 3) information showed that the work market recuperation had deteriorated.
The small part of people jobless tumbled from 33.7pc in Round 1 to 21pc in Round 2, and stays at 21pc in Round 3. Normal metropolitan wages diminished by practically 32pc in Round 1 (between February 2020 and May 2020), 11pc in Round 2 (between February 2020 and August 2020), and 9.5pc in Round 3 (between February 2020 and January 2021