According to a new report
by the National Bureau of Statistics shared by the Statistician General of the
Federation, Yemi Kale on twitter, 26.06 million Nigerians, mostly youths, are
currently unemployed or underemployed.
The
number rose up by 1,158,700 after the bureau conducted its research in the 2nd
quarter of the year which ended in June. See more facts shared by Kale on his
twitter handle.
4.58million Nigerians Became Jobless Under
Buhari, Reveals NBS Report
The
Nigerian Bureau of Statistics (NBS) says the total number of Nigerians who
became unemployed within the first and second quarter of 2016 now stands at 2.6
million.
According
to the bureau, about 1.46 million Nigerians became unemployed in the third quarter
of 2015, while another 518,102 became unemployed in the fourth quarter of
2015.
This
brings the total freshly unemployed persons in the economy to a record high of
4,580,602, since President Muhammadu Buhari took office in May 2015.
In
its second quarter unemployment and underemployment report released on
Wednesday, NBS said the country’s unemployment rate grew from 12.1 percent in
the first quarter of 2016 to a record high of 13.3 percent in the second.
“During
the reference period, the number of unemployed in the labour force increased by
1,158,700 persons, resulting in an increase in the national
unemployment rate to 13.3% in Q2 2016 from 12.1 in Q1 2016, 10.4% in Q4
2015 from 9.9% in Q3 2015 and from 8.2% in Q2 2015,” NBS said.
“In
view of this, there were a total of 26.06 million persons in the Nigerian
labour force in Q2 2016, that were either unemployed or underemployed
compared to compared to 24.5 million in Q1 2016 and 22.6 million in Q4
2015.”
The
economically active population or working age population (persons within ages
15- 64) increased from 106million in Q1 2016 to 106.69 million in Q2 2016, the
report added.
Underemployment
in the economy was also on the rise, with 15.4 million Nigerians said to be
underemployed.
“The
number of underemployed in the labour force (those working but doing
menial jobs not commensurate with their qualifications or those not
engaged in full-time work and merely working for few hours) increased by
392,390 or 2.61%, resulting in an increase in the underemployment rate to
19.3 % (15.4million persons) in Q2 2016 from 19.1% (15,02 million persons)
in Q1 2016, 18.7% (14.42 million persons) in Q4 2015, from 17.4% (13.2
million persons) in Q3 2015 and 18.3% (13.5 million persons) in Q2 2015.”
There
were a total of 26.06 million persons in the Nigerian labour force in Q2 2016,
that were either unemployed or underemployed compared to compared to 24.5
million in Q1 2016 and 22.6 million in Q4 2015.
Read
more here http://www.nigerianstat.gov.ng/
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