Effects of Unemployment in Nigeria. Due to the increasing unemployment rate in Nigeria, there have been adverse effects on both the economy and the society. The consequences of unemployment in Nigeria includes: Reduction in the national output of goods and services. Increased rural-urban migration. High level of poverty in Nigeria.
Its continued existence had been linked to lack of power supply and financial empowerment for youths. Youth unemployment in Nigeria is mostly referred to as graduate unemployment and this means that only the skilled youths are seen as unemployed while the unskilled youths are not given any consideration.
Unemployment Rate in Nigeria increased to 23.10 percent in the third quarter of 2018 from 22.70 percent in the second quarter of 2018. Unemployment Rate in Nigeria averaged 12.31 percent from 2006 until 2018, reaching an all time high of 23.10 percent in the third quarter of 2018 and a record low of 5.10 percent in the fourth quarter of 2010.Undergraduate projects in Nigeria is a prerequisite for graduation amongst Nigerian tertiary students just like this topic “Impact Of Population Growth On Unemployment In Nigeria (2000-2017)” who will which to obtain bachelors degree in their respective courses of study such as accounting, banking and finance, business administration and a host of others.Nigeria’s unemployment rate rose to 23.1% of the workforce by the end of September 2018, up from 18.1% in 2017. The National Bureau of Statistics (NBS) stated this in its Labour Force Statistics.
Unemployment in Nigeria remains one of the biggest problems, which heavily affects the country's economy and its society. This problem is constantly being debated, but today it is almost impossible to eradicate it. There are some aspects of unemployment in Nigeria that need to be considered to understand how to solve the problem of unemployment.Read More
In other words, the aim of this article is to assess the magnitude of unemployment in Nigeria and its effects on socioeconomic and political development in Nigeria. Our findings indicate that some of the causes of high unemployment rates in Nigeria include corruption, poor infrastructure, collapse of industries, and neglect of the agricultural sector.Read More
Young and unemployed in Nigeria.. important thing is we need the private sector to grow in the next decade 10-15 times larger to really make a dent in unemployment and poverty in Nigeria.Read More
In this post, we will discuss the10 Ways to Reduce Unemployment in Nigeria. Unemployment is a huge problem all over the world, but it is worse in Nigeria with a very large youth population. The problem is to prove that the economic policies have not been successful. This article will give you 10 ways to reduce unemployment in Nigeria.Read More
Nigeria has over 9 million unemployed people. This huge figure implies that the rate of unemployment is really high in the country. There are a number of factors responsible for the prevalence of unemployment in Nigeria and solutions. They are listed below. Major Causes Of Unemployment In Nigeria and Solutions.Read More
Does Unemployment Significantly Impact on Economic Growth in Nigeria? Onwachukwu Chinedu Increase. Abstract- This study examines the impact of unemployment on the economic growth of Nigeria from 1985 to 2010. The Ordinary Least Squares (OLS) and Augmented Dickey-Fuller methods are used to estimate the model of one dependent.Read More
Youth Unemployment occurs when young people are without jobs and have actively sought for job within a short period. It is one of the macro-economic problems which every government is expected to.Read More
The National Bureau of Statistics (NBS) says the country’s unemployment rate rose from 14.2% to 18.8% in 2017. It also said that Nigeria's labour population increased from 83.9 million in the.Read More
Graduate Unemployment in Nigeria: Causes, Consequences and Remediable Approaches Longe, Olukayode Ph.D. Department of Sociology Faculty of the Social Sciences Ekiti State University Ado-Ekiti, Nigeria. Abstract The study explored the phenomenon of graduate unemployment as well as its causal factors, consequences and remedies in Nigeria.Read More
During the 2009 recession, unemployment covers all sectors of the economy and services in the U.S.: not only industry, construction and transport, but also trade, finance, business, and professional services, and even the tourism and entertainment (Rampell) industry.Read More