LAHORE: Manufacturing sector grew at a healthy pace during Pakistan Muslim League-Nawaz (PML-N) government, but still couldn’t create jobs correspondingly as most of that growth was technology-intensive, which requires fewer human resources.
The cumulative jobs provided by buoyant sectors like automobile, sugar, cement and fertiliser are less than what were offered by apparel sector of textiles.
As far as manufacturing sector is concerned we can term it as jobless growth. The jobs lost in textiles were not created in other manufacturing sectors. In the large-scale manufacturing sector the trend is to enhance technology. The advent of artificial intelligence and robotics is […]
Full Post at www.thenews.com.pk