Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,651 members, 7,955,363 topics. Date: Sunday, 22 September 2024 at 12:14 AM |
Nairaland Forum / Nairaland / General / Jobs/Vacancies / Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came (844 Views)
7.9 Million Nigerians Became Unemployed In 21 Months – NBS / N-Power Receives Over 1 Million Applicants / Top 5 Things You Should Be Doing To Survive The Unemployment Trauma (2) (3) (4)
Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came by spafu(m): 6:55am On Nov 24, 2015 |
More than 1.4 million Nigerians have fallen into the
unemployed bracket since President Muhammadu
Buhari assumed office, according to the Nigerian
Bureau of Statistics (NBS) .
In its third quarter report of unemployment and
underemployment, the bureau revealed that the
number of unemployed people in the country rose
by more than 1.4 million in Buhari’s first four
months in office (June 1 to September 30).
“In Q3 2015, the labour force population (i.e those
within the working age population willing, able and
actively looking for work) increased to 75.9 million
from 74.0 million in Q2 2015, representing an
increase in the labour force by 2.60%,” the report
said.
“This means 1,929,800 economically active
persons within 15‐64 entered the labour force i.e.
were able and willing and actively looking for work
between July 1 and September 30 2015.
“Within the same period, the number of unemployed
in the labour force, increased by 1,454,620
(529,923 in Q2) persons between Q2 2015 and Q3
2015 resulting in an increase in the unemployment
rate to 9.9% in Q3 2015 from 8.2% in Q2 2015 from
7.5% in Q1 2015.”
This is the fourth consecutive rise in the
unemployment rate since Q3 2014, with the number
of unemployed Nigerians rising to 7.5 million.
The NBS also added that about 427,000 new net
jobs were created in Q3 2015, which was unable to
match the over 1.9m new entrants into the labour
market.
The rate of underemployed (those working but doing
largely menial work or jobs not commensurate with
their qualifications or not fully engaged and merely
working for few hours) during the review quarter
however, decreased slightly by 365,593.
Underemployment rate fell to 17.4 percent in Q3
2015(13.2m) from 18.3 percent (13.5m) in Q2 2015,
from 16.6 percent (12.2m) in Q1 2015.
According to the International Labour Organisation
(ILO), 201 million people globally are unemployed,
with Nigeria being responsible for 4 percent of that
global demographic.
The highest unemployment rate in the world is
recorded in Djibouti (54%), Congo(46%), Bosnia and
Herzegovinian(43%), Haiti (40%) and Kosovo(35%).
The lowest are found in Qatar (0.2%), Cambodia
(0.3%), Belarus (0.5%), Thailand (0.8%), Benin
(1.0%), Laos (1.40%) and Guinea Bissau (1.80%).
With an unemployment rate of 9.9 percent in Q3
2015, Nigeria has better rating when compared than
67 countries but worse than 113 countries,
including 21 African countries that have their rates
lower than 9.9 percent.
Job creation in the Nigerian economy fell by 70
percent, according to the last NBS report.
Source: https://www.thecable.ng/1-4m-unemployed-buhari |
Re: Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came by AngryNigerian(m): 7:07am On Nov 24, 2015 |
People, itz not about APC has not done, or PDP did not do...or what they did, or are doing... The truth is that if we dont make a real move & fight for an egalitarian society, we are doomed as a people! These so-called leaders would never do well to create that world we dream of, due to their greed & lust for power & money! The protests everywhere shows how angry people are! #WeAreNigerians #WeAreVeeeerrrryyyyAngry 1 Like |
Re: Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came by bewla(m): 7:54am On Nov 24, 2015 |
Every day we wake up u say Nigeria is bad an American say God bless America a British long live the queen What do u expect with all the demons and angels going round 1 Like |
Re: Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came by Yksoul(m): 9:37am On Nov 24, 2015 |
THE FOUNDATIONAL CAUSE OF THIS 1.4M SUDDEN UNEMPLOYMENT STATISTICS IS DURING PDP JONATHAN -LED GOVERNMENT.GO AND CHECK VERY WELL.INABILITY TO PLAN FOR THE FUTURE.THERE WERE ANTI-PURPOSE AND ANTI-INTELLIGENCE WAY OF GOVERNING FOR 16YEARS PDP TERRAIN. |
Re: Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came by Nature129(m): 8:08pm On Nov 24, 2015 |
All of those figures were cooked up in some people's kitchens.. ...as far as we don't have a national database in Nigeria, all of those figures coming from NBS is trashy....they don't know whether I am employed or not so where the freaking hell are they getting the useless figures from? |
Re: Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came by Pidggin(f): 9:32pm On Nov 24, 2015 |
Buhari |
Re: Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came by macaranta(m): 12:36am On Nov 25, 2015 |
I see |
Re: Over 1.4 Million Nigerians Joined The Unemployment Class Since Buhari Came by Nobody: 8:37am On Nov 25, 2015 |
Issorite |
(1) (Reply)
Jobs For Content Posters In A Fast Growing Web Company, Work From Anywhere / Lagos State Government Civil Service Commission Latest Job Recruitment (7 Positi / Plan International Job Recruitment (16 Positions)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 14 |