business
BREAKING: Nigeria’s unemployment rate jumps to 33.3% as at Q4 2020
Advertisement
Nigeria’s unemployment rate as at the end of 2020 stood at 33.3%, an increase compared to 27.1% recorded as at Q2 2020.
Advertisement
Nigeria’s unemployment rate as of the end of 2020 rose to 33.3% from 27.1% recorded as of Q2 2020, indicating that about 23,187,389 (23.2 million) Nigerians remain unemployed.
This is according to the recently released labour force report published by the National Bureau of Statistics (NBS).
Under-employment rate in the reference period however dropped from 28.6% recorded as at the second quarter 2020 to 22.8% in Q4 2020.
Advertisement
The report shows that the estimated number of persons in the economically active or working-age population (15 – 64 years of age) during the reference period of the survey, Q4, 2020 was 122,049,400.
More details shortly…
Advert
-
news4 years agoOsun Government presents 2015, 2016 audited accounts…sets record as the first state in Nigeria to publicly declare accounts
-
crime2 years agoArotile’s ex-classmate had no driver’s licence, report reveals
-
news1 year ago2023: Kola Abiola Set To Declare For Presidency
-
entertainment3 years agosanwo-Olu honours sacked chaplain after Ambode’s wife saga
-
lifestyle5 years agoAmazing Tips for an Outstanding Makeup
-
business2 years ago#EndSARS: Access Bank announces N50 billion interest-free facility for businesses
-
lifestyle2 years agoUS Church ‘refunds members three years tithes’ as help during COVID-19
-
entertainment3 years agoSee how Women now use toothpaste to tighten vagina