There are only two ways to earn a livelihood, either you work for someone or you work for yourself and may employ other people to work for you. The people who start a business may work with very few people at start and as the business grow , they reach a point where they cannot cope with their work themselves. They hire people that work for them on different jobs, so its a cycle in which both things are interdependent and cannot be separated from each other.
Condition of Pakistan is different. Our education system has not changed in 150 years ,we are doing the things same way as we used to do 150 years ago. As a result they are more and more graduates looking for jobs , less than 1 % are interested in doing entrepreneurship. So this thing breaks the cycle discussed above. offcourse people are doing businesses but they are mostly uneducated or are unaware of changing global opportunities.
All these conditions have created a job market very competitive, in which survival is difficult. Absences of any labour and employment laws have made the thing more worse. Now companies are taking advantage, as a result people are seeing their salaries go down instead of going up with time. The people most affected are middle tier employees who are struggling hard to see their salary rise. Companies often replace these middle tiers with new graduates that are present in excess to need, so only threat of job loss in such market is enough to keep employees employed in this system of endless exploitation.
Unless our youth turns towards entrepreneurship or Govt does something future looks grim. Picture in article shows an add posted on Facebook by middle size construction company looking to hire someone . Package , demand and salaries show the complete story.