Leading Issues in the Economy of Pakistan: Agenda for Reforms Table 13.1: Actual Sectoral Growth Rate of from 2019-20 to 2021-22 and projected for 2022-23 – (%) 2019-20 Actual 2020-21 2021-22 Projected 2022-23 Agriculture 3.9 3.5 4.4-4.0 Industry-5.7 7.8 7.2-3.5 Services-1.2 4.3 4.5 1.0 GDP-0.9 5.7 6.0-1.0 Source: PES The projected GDP growth rate in 2022-23 is shown as minus 1 percent, in line with Chapter 4. During the COVID-19 attack, both industry and service sectors registered negative growth due to widespread shutdowns and supply shortages. The floods are likely to have led to a big damage to crops and livestock in 2022-23. In addition, the severe containment of imports will lead to a decline in industrial production. Figure 13.1 presents the estimates of employment from 2019-20 to 2022-23, based on the employment to value-added growth elasticities presented above. The level of employment has shown a fluctuating trend. Total employment declined by 590,000, in the immediate aftermath of COVID-19. Figure 13.1: Labor Force, Employment and Unemployment Rate (Million) Source : LFS 128