Nigeria’s Jobless Rate Worsens Misery Index
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Description
Nigeria’s rising joblessness rate has continued to add to its worsening misery index and low human capital development, forcing analysts to canvass for functional and structural policy changes to counter...
show moreThe latest unemployment and underemployment statistics from the National Bureau of Statistics in Abuja showed that the labor force, which comprises of the population of working age between 15 and 64, increased to 122 million in the last quarter of 2020, 4.3% higher than the figure recorded in the second quarter of the same year, while the unemployment rate worsened to 33.3% from the 27.1% reported in the respective quarters, posting the worst performance on record.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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