Tuesday , January 22 2019
Home / News / Local News / Four Million Nigerians Became Jobless In 2017 – NBS

Four Million Nigerians Became Jobless In 2017 – NBS

Spread the love

A total number of 4.07 million Nigerians became unemployed between January and September 2017, an analysis of the unemployment report for the third quarter released by the National Bureau of Statistics has revealed.
The bureau in the report, stated that the number of Nigerians that became unemployed rose from 11.92 million in the first quarter of this year to 13.58 million and 15.99 million in the second and third quarters respectively.

It said between the second quarter and third quarter, the number of economically active or working age population (15 – 64 years of age) increased from 110.3 million to 111.1 million.

The NBS report said the increasing unemployment and underemployment rates imply that although Nigeria’s economy is officially out of recession, domestic labor market is still fragile and economic growths in the past two quarters in 2017 have not been strong enough to provide employment in Nigeria’s domestic labor market.

About ayo

Check Also

MC Oluomo discharged from Lagos hospital, travels abroad

Spread the loveA chieftain of National Union of Road Transport Workers (NURTW), Musiliu Akinsanya a.k.a …

Leave a Reply

Your email address will not be published. Required fields are marked *