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Youth unemployment is different from that of the general workforce in that youth unemployment rates are consistently higher than those of adults worldwide, with the European Commission reporting that, from 2014 - 2024, the EU youth unemployment rate has remained approximately twice as high as the general unemployment rate. [2]
29 May – Nigeria readopts Nigeria, We Hail Thee, which was the country's national anthem from 1960 to 1978, as its national anthem, replacing Arise, O Compatriots. [20] 30 May – 2024 Aba killings: Eleven people, including five soldiers, are killed in an attack on a military checkpoint by unknown gunmen in Aba, Abia State. [21]
The National Youth Council of Nigeria (NYCN) was founded in 1964 to be the voice and the umbrella Organisation for youth organisations in the country. It is responsible with issues affecting Nigeria's youth because it is the voice of Nigeria's youth. The Youth Council is non‐governmental, non‐partisan, and not‐for‐profit organisation ...
The ILO said 64.9 million people aged between 15 and 24 worldwide were unemployed last year, good for a rate of 13%, and it forecast that proportion would decrease further over the following two ...
N-Power was created on 8 June 2016 to address the issues of youth unemployment and help increase social development. The scheme is created for unemployed graduates and non-graduates between the ages of 18 and 35. [1] [2] [3] It is a paid programme of a two-year duration, aimed at engaging beneficiaries in their states of residence. [4]
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
Youth unemployment levels vary from 53.6% in Eswatini and 52.3% in South Africa, to 3.3% in Rwanda in 2016. [11] As age within the working population increases, so do levels of employment, as youths are three times more likely to be unemployed than adults (aged 25 or over), which demonstrates an anti-youth bias across African labour markets.
According to a 2018 report by the World Bank, almost half the population is living below the international poverty line ($2 per day), and unemployment peaked at 23.1%. [9] Nigeria had one of the world's highest economic growth rates, averaging 7.4% according to the Nigeria economic report that was released in July 2019 by the World Bank. [1]