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431,000 Jobs Generated In Firstquarter 2013, Says NBS - Politics - Nairaland

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431,000 Jobs Generated In Firstquarter 2013, Says NBS by dridowu: 2:30pm On Oct 28, 2013
No fewer than 431, 021 jobs were
generated in the first quarter of
this year while the economy
generated 385, 913 jobs in the last
quarter of last year, the National
Bureau of Statistics (NBS), said
yesterday.
The development shows an 11.69 per
cent increase between the two
quarters.
According to the result of the
survey issued by the NBS, in the
4th Quarter of 2012, 152,018 jobs
were created in the formal sector,
208,920 jobs in the Informal sector
and 24,975 in the public sector.
The formal sector it said,
contributed 174,326 jobs to the
total jobs generated in the 1st
Quarter of 2013, while the
Informal and public sectors
generated 232,327 and 24,368
jobs.
The survey report sent by the NBS
reads: “The informal sector
generated1/3 more jobs than the
formal sector in the same first
quarter 2013. However, the formal
sector shows the greatest increase
between the two quarters of
14.68% more jobs created than in
the fourth quarter of 2012. Job
creation in the Public sector is the
only area to exhibit a decline from
the fourth quarter of 2012 to the
first of 2013.
“Analysis of the formal jobs
created shows the Education sector
provided the most jobs in both
quarters, making up 50.35% of new
jobs in the fourth quarter 2012 and
39.49% in the first quarter 2013.
Financial Intermediation
contributed the second largest
portion of 15.9% of jobs created in
the fourth quarter of 2012,
increasing by a further 6.60%
points to 22.51% in the first
quarter of 2013. Mining and
quarrying generated the least
employment in the industrial sector,
constituting just 0.14% and 0.11% of
all jobs created in the last quarter
2012 and the first of 2013
respectively. The fastest growth in
job creation comes from the
Wholesale and Retail Trade Sector,
with 100.9% increase in job creation
between the two quarters.
Substantial increases in the number
of formal jobs created also can be
found in Real Estate, Renting and
Business Activities, with 66.6%
increase,
“Manufacturing with a 63.2%
increase and Financial
Intermediation, with a 62.3%
increase in jobs created. Only two
sectors witnessed a decline in job
creation between the two quarters.
Firstly, mining and quarrying which
created 10.9% fewer jobs than in
the previous quarter. Secondly in
the Education sector, which was not
able to sustain its high rate of job
creation, witnessing a 15.86% point
decline in the number of jobs
created relative to the fourth
quarter of 2012.
“The most cited reason for new
employment is ‘Other’ which has a
share of 11.36 and 11.46 in Q4 2012
and Q1 2013 respectively. However,
reasons for employment are fairly
equally distributed over the two
periods, with each category
retaining a 10-11% share of
responses; there is a less than 1%
point change in between categories
across the two periods even when
looking at individual sectors.
However, although small, some
changes are notable. For instance,
the greatest increase of 0.80%
comes from the promotion of the
occupant of the position, which
eludes towards an expansion of
managerial positions and an upward
mobility within the workplace.
Secondly there is a 0.54% increase
in job creation due to a new skill
being required in the office,
showing an increase in the technical
requirements of businesses.
“In Q4 of 2012, 119,905 full time
formal jobs created compared to
145,032 jobs in Q1 of 2013
indicating an increaseof20.96% infill
time employment between the two
quarters. On the other hand, part
time employment 29,293 jobs, which
are a 9.62% decline on the Q4 2012
number of 32,112.The top three
sectors that produced the highest
numbers of fulltime jobs in Q4
2012, were Education, followed by
Financial Intermediation and then
Health and Social Work. In Q1 of
2013, the same sectors maintained
the top three positions for
generating fulltime jobs. This is
indicative of the huge investment
of resources in these sectors,
particularly in the Education and
Health sectors.”

Nation
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by psucc(m): 3:00pm On Oct 28, 2013
Where them keep those jobs abeg? I still de find o?
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by dridowu: 3:05pm On Oct 28, 2013
psucc: Where them keep those jobs abeg? I still de find o?
No be only u dy find am, incase u c d job , let me no asap
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by adepojuot: 3:24pm On Oct 28, 2013
Me self they find job oooooooo
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by Brimmie(m): 3:27pm On Oct 28, 2013
Ds Ppl Can Lie O! sad
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by omenka(m): 4:05pm On Oct 28, 2013
Are the people getting these jobs ghosts
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by sambas: 4:17pm On Oct 28, 2013
These people must have been employing monkeys, Cos i noticed of recent all the monkeys and baboos in Trans-Amadi, zoo phc have been missing since the first quarter. No be only 431,000 Jobs Generated In
First quarter 2013.
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by iterator25: 6:03pm On Oct 28, 2013
All of you that are complaining above my post, ori gbogbo yin ti daru
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by dridowu: 6:15pm On Oct 28, 2013
iterator25: All of you that are complaining above my post, ori gbogbo yin ti daru
omo eniyan , ewo lepe , kila gbe kile ju ? Baba olowo aye ero rora se, ilenyo
Re: 431,000 Jobs Generated In Firstquarter 2013, Says NBS by taharqa: 6:51pm On Oct 28, 2013
Good.....

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