The National Bureau of Statistics has said that the number of Nigerians who became unemployed rose by 2.1 million to 11.55 million at the end of 2016 from 9.48 million at the beginning of the year. .
The NBS stated this in its unemployment report, which was released on Monday night. The NBS report stated that the unemployment rate was highest for persons in the labour force between the ages of 15-24 and 25-34, which represents the youth population in Nigeria. .
For instance, it stated that the unemployment rate was highest for those within the age bracket of 15 to 24, rising from 25 per cent to 25.2 per cent. For the 25 to 34 age group, the unemployment rate, according to the report increased from 15 per cent to 15.4 per cent. .
It noted that unemployment and underemployment were higher for women than men in the fourth quarter of 2016. For instance, 16.3 per cent of women in the labour force were unemployed as of the end of the fourth quarter of 2016, according to the report. .
On the other hand, it added that 12. 3 per cent of males were unemployed in the fourth quarter of last year. .
The report stated, “The economically active population increased from 108.03 million to 108.59 million; this represents a 0.5 per cent increase over the previous quarter and a 3.4 per cent increase when compared to fourth quarter 2015.
In the fourth quarter of 2016, the labour force population increased to 81.15 million from 80.67 million in the third quarter of 2016, representing an increase of 0.6 per cent in the labour force during the quarter.
This means about 482,689 persons from the economically active population entered the labour force during the quarter, that is individuals that were able, willing and actively looking for work.”
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blingsofficial1 Na the work wey una dey do..
official_shotee Continue
bimobalogun Far more than that
chizzyeze517Mxm imagine
stephenbid APC change
chizzlianofficial Lol shit was 19.1℅ when I wrote my project . 4.58million now 11million which way naija
ozorchristian I don't really believe this report, it could be more than this.. And yet APC is yet to create any job
muhd_galadima@__el_marzuq Buhari is working
anietie.henry@obiagu_comedy_portal in my opinion I think the stats for unemployment is way more than that
capitaloneofficial Yeah that's the dude you goons voted for. Buhari never wrote any book after his first presidency, had only 30 cows for more than 30 years, never upgraded his CV, wasn't successful in business. That's who Nigerians voted for to manage 21st century economy? Smh Welcome to your change.
erneh_cosmetics So after all the the equation what is the way out??
zaarrah Do y'll have Jobseekers allowance also know as Wellfare or universal Credit allowances. Unemployment no income how will people survive
polished_boss Nah the change be this
tola_tolah Who's counting?
longmon3y And u expect the masses not to indulge in crime. Messed up system
nne4real 112.1 million people only? You guys are not telling the truth
iykeemma24 Change
sayo__xo So 11.5 million people lost their jobs and only 482k got employed. This numbers are very disappointing
freshprince_rcc Change is here... CHANGE...
chiskyetc The worst government of all time.
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