cpec impact on employment for local population
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Overpopulation causes more competition for employment. Not only does increased competition for work make it tougher to find a job, employers can hire employees for a lower wage because there are more applicants than jobs to go around.
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With the reduction in power outages due to enhancement in electricity generation capacity and investment in other production sectors of the economy, GDP growth rate of Pakistan is targeted to increase to 7.5% by 2030 with the addition of about two million jobs in the job market.
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