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FG Gives Breakdown Of How 3.67million Nigerians Lost Their Jobs In 1 Year - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Gives Breakdown Of How 3.67million Nigerians Lost Their Jobs In 1 Year (429 Views)

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FG Gives Breakdown Of How 3.67million Nigerians Lost Their Jobs In 1 Year by naijabadoo(m): 6:49am On Mar 06, 2017
see also.
FG gives breakdown of how 3.67million Nigerians lost their jobs in 1 year => https://gistpage.com.ng/thread/post/06-03-17-fg-gives-breakdown-of-how-367million-nigerians-lost-their









No fewer than 3.67 million Nigerians lost
their jobs within October 2015 to September
2016, the Federal Government has revealed.

The Figures released by the National Bureau
of Statistics, shows that the number of
unemployed Nigerians rose from 7.51 million
in the beginning of October 2015 to 11.19
million at the end of September 2016.

The unemployment report for the fourth
quarter of last year covering October to
December 2016, which is still being prepared
by the NBS, is due for release on March 29.

The report added that while the number of
those employed rose from 55.21 million in the
beginning of the fourth quarter to 69.47
million as of the end of September, the
labour force population rose from 75.94
million to 80.66 million.

A breakdown of the 3.67 million unemployed
Nigerians showed that about 522,000 people
became jobless within the fourth quarter of
2015; while 1.44 million people joined the
labour force in the first quarter of 2016.

For the second and third quarters of 2016,
further analysis of the unemployment report
of the NBS showed that about 1.16 million
and 550,000 people entered the labour
market in search of jobs.
The NBS report explained that unemployment
rate was highest for persons in the labour
force between the ages of 15-24 and 25-34,
which represents the ‘youth’ population in
Nigeria.

Unemployment rate was highest for those
within the age group of 15 to 24 rising from
17.8 per cent in the beginning of the fourth
quarter of 2015 to 25 per cent as of the end of
September 2016.

For the 25-34 age group, the unemployment
rate, according to the NBS report increased
from 10.8 per cent to 15 per cent as of the
end of September 2016.

While 15.9 per cent of women in the labour
force were unemployed as of the end of the
third quarter of 2016, a further 22.9 per cent
of women in the labour force were
underemployed during the period.

The report said 12 per cent of males were
unemployed in the third quarter of 2016,
while a further 16.7 per cent of males in the
labour force were underemployed during the
same period.

“Given that the nature of rural jobs is largely
menial and unskilled, such as in agriculture,
unemployment is more of a concern in urban
areas where more skilled labour is required.

“The unemployment rate in the urban areas
was 18.3 per cent compared to 11.8 per cent
in the rural areas, as the preference is more
for formal white-collar jobs, which are
located mostly in urban centres,” the report
said.




see also. FG gives breakdown of how 3.67million Nigerians lost their jobs in 1 year => https://gistpage.com.ng/thread/post/06-03-17-fg-gives-breakdown-of-how-367million-nigerians-lost-their
Re: FG Gives Breakdown Of How 3.67million Nigerians Lost Their Jobs In 1 Year by checkolatunji: 6:52am On Mar 06, 2017
Incase it makes FP

Na me be FTC
Re: FG Gives Breakdown Of How 3.67million Nigerians Lost Their Jobs In 1 Year by fulaniHERDSman(m): 6:57am On Mar 06, 2017
Useless people
Re: FG Gives Breakdown Of How 3.67million Nigerians Lost Their Jobs In 1 Year by thesicilian: 7:06am On Mar 06, 2017
fulaniHERDSman:
Useless people
Don't mind them. They can't create any job, their own is to be analysing the losses they caused.
Re: FG Gives Breakdown Of How 3.67million Nigerians Lost Their Jobs In 1 Year by fulaniHERDSman(m): 7:08am On Mar 06, 2017
thesicilian:

Don't mind them. They can't create any job, their own is to be analysing the losses they caused.
Ordinarilly, all the present players should be rounded up and summarilly executed. Annoying bunch of goats cool

1 Like

Re: FG Gives Breakdown Of How 3.67million Nigerians Lost Their Jobs In 1 Year by psucc(m): 7:48am On Mar 06, 2017
This is the CHANGE!

In fact I had the shock of my life the other day when a man was speaking in defense of this government. He said that Buhari was doing the right thing. When asked to give reason, he said that previous governments made so many young people to lay hands on money, build houses and buy cars and because of these, they fail to respect the elders and seniors. That the suffering has really come to restore dignity for the elders and show class difference.

Hmm I didn't had any word to say nor argument.

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