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Nigeria’s statistics agency on Thursday reported the country’s unemployment rate as 4.1%, the lowest in many years, but one analysts said was an undercount because of the agency's new methodology.
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 ...
Data on youth employment in Nigeria are scarce due to under resourced agencies responsible for their collection. In 2012, 11.1million [ 30 ] youths in Nigeria were believed to be unemployed. [ 31 ] In a recent report by Bloomberg, it was revealed that as at March 2021, Nigeria Unemployment rate has increased to 33.3% making it the second ...
Career Kickstart 2018 EdoJobs training on cosmetology. Edojobs is an initiative of the Edo State government in Nigeria under the administration of Governor Godwin Obaseki.The initiative is aimed at tackling the high rate of unemployment in Edo State through skills acquisition and empowerment programs, in collaboration with various private and public organizations in Edo State. [1]
[178] In March 2018, according to US Unemployment Rate Statistics, the unemployment rate was 4.1%, below the 4.5–5.0% norm. [179] In 2021, the labor force participation rate for non-white women and women with children declined significantly during the COVID-19 pandemic, with approximately 20 million women leaving the workforce. Men were not ...
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]
Nigeria's inflation rate rose to 15.63 per cent in December 2021 compared to 15.40 per cent in November, the National Bureau of Statistics announced on January 17, 2022. The statistics office said the prices of goods and services, measured by the Consumer Price Index, increased by 15.63 per cent in December 2021 when compared to December 2020.
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.