. See lies.

Okoroawusa:

Okay. Now I get it. NBS changed its methodology of calculating unemployment figure....I get it now. So once you are engaged in one form of employment, business or skill you are adjudged to be employed.

But is that the standard practice everywhere in the world?

Self-employed folks are employed folks and they employ other people to work under them, not only Office people are defined as employed, once they get up to earn a living either in the foreign, informal, or personal format, you are employed and making a living.

I read some rubbish about a supposedly unemployed graduate, but the graduate is frying and selling akara and making millions with a lot of people employed under him, but people still wrongly label him unemployed graduate.

Just imagine, he's unemployed but working hiring people and making millions.

Seeps self-employment is a strange and foreign concept to many Nigerians.

This is actually a better methodology.

Whoever came up with this figure of low unemployment in Nigeria is a LIAR!

EMIOMOADEOYE:


Well, I don't need to be either of those 2 things to know the truth.

Only last year, KPMG stated that unemployment i"n Nigeria was at 37.7% and projected to reach 40.1% by 2023. So either somebody forgot to add the "0" after 4 or deliberately removed the "0"

So where did the phantom jobs come from?

Except you are now considering those of us who are now remote workers working for foreign clients. This cannot even rightly be considered in the figures because we are not actively contributing to the GDP.

NBS included those involved in one form of criminal activities (labour) or the other such as kidnappers, drug dealers, cocaine pushers, arm robbers, rituals, yahoo yahoo boys, terrorism, bunkery, non state actors and finally those comrades gainfully engaged in the Nigerian correctional facilities (prison) where they are serving different levels of sentences.

igwebuike01:

So you believe Nigeria unemployment is 4.1%? Even developed country can't boast of such. NBS is a joke

It is very true!

Unemployment rate only account for people actively looking for joe aka still in the job market.

In the case of Nigeria, these low unemployment figures is a bad news, because it shows that people have given up looking for jobs because there are no jobs.

If there is a little hiring going on, these unemployment rate will tick upward because those little prospects attracts more people to dust up their CVs and come into the labor market looking for those scarce jobs.

That is how it is determined all over the world,hours are also determinants too.
You can't blame them.Blame international statistics body.It is the global practice.
Some people in the farm and those selling agbado are better than you collecting 30 thousand naira monthly.

FreeStuffsNG:
There are different types of unemployment. Please read up on it. You are not really unemployed under natural unemployment

What are the different types of unemployment?

Which of them has fallen to 4.1%?

FreeStuffsNG:
There are different types of unemployment. Please read up on it. You are not really unemployed under natural unemployment

stop defending stupidity even by unemployment or under-employment standard it can never be 4.1 from 33 percent,
how can over 90 percent of Nigeria's unemployment figure just be gone without any economic or societal reality to correspond to such, WTF is wrong with you guys you have no decency or respect for any institution everything is just propaganda for you guys, pls this is just annoying, it's the disrespect for our collective intelligence that I find most annoying.

sacajawea:

Two sets of twins??!

Yes

Theunbothered:


Fool you didn't read how they changed the methodology from 20 hours a week to 1 to classify unemployment. You daft idiots in your masses are what's holding Nigeria back.

Did you just call your father a fool?

The same organization that put out the previous stat said the methodology is outdated.

But you want them to keep using the same methodology because it appeals to your agenda.

Are you unemployed? I'm sure no one will employ a fool like you anyways.

Oloriburuku bad news lover.
I hope that bad news you love so much remains with you and your family.

Fake propaganda

Are you sure this rate is not lower

igwebuike01:

So you believe Nigeria unemployment is 4.1%? Even developed country can't boast of such. NBS is a joke

I tell u

plaindealer:




Until you show us your own credible stats and data, you don't know any truth, all you know is your own personal opinion and your opinion, in this case, is absolutely pointless and irrelevant.

Is it that people these days don't know how to talk in public or what.

Because I don't understand how a normal human being just start attacking someone else for no reason.

I just gave you a KPMG finding and you still think I don't have credible data.

Well I leave you to your own devices. I don't have time for people like you who just thinks it's normal and OK to act without any sense of propriety.

FreeStuffsNG:


https://www.vanguardngr.com/2023/08/nigerias-unemployment-rate-falls-to-4-1/

When God wants to punish people that decieve others with lies, he will punish those that publish the lies too.

The greatest calamity that can happen to a man or nation is when they lie to themselves.

Where are the jobs?

NinjaMetahuman:
Did you just call your father a fool?

The same organization that put out the previous stat said the methodology is outdated.

But you want them to keep using the same methodology because it appeals to your agenda.

Are you unemployed? I'm sure no one will employ a fool like you anyways.

Oloriburuku bad news lover.
I hope that bad news you love so much remains with you and your family.

Tinubu shit eater, you must be mad. After refusing to collect data for 2 years it's one hour of work per week that makes a person "employed".

If you hired somebody and they only came to work for ONE out of 40 hours what value are they adding?

Talking as if they managed to get millions of people full time jobs. Using that metric even a boy that cleans his mother's roadside shop is employed.

Mad people gladly eating Tinubu's shit.

FreeStuffsNG:
Nigeria on forward march.

Lazy youths should repent and take their jobs serious so they'll not fail job interviews, lose their jobs and suffer serious poverty in old age after wasting your youth on useless unproductive activities and horrible mindset. No govt is doing you, you are the one doing yourself and you will suffer if you don't change right now.

There's job now and when you're recruited, don't go there only to chew gum, toast girls, form nonsense empty-headed fine boy/girl, gist, gossip, slander, charge your phone and use their internet subscription to download/watch porn, telemundo, insult , cyberbully and play all day on Nairaland and other social media platforms.

O ye lazy Nigerian youth, quit laziness, late-coming, unpatriotic actions and pocket your nonsense arrogance, bigotry, hatred and entitlement mentality so you can learn, be productive and keep your job

Patriotic Nigerian youths will always give their best! Shout out to all diligent and patriotic youths out there.You are doing well. God bless you. God bless Nigeria for ever! Check my signature for free stuffs!

Where are the jobs? Some of us are not lazy, we don't just have the connection

ManAustin:


Where are the jobs? Some of us are not lazy, we don't just have the connection

How are you surviving? Do you do something that fetch you cash weekly.
Most Nigerians are not unemployed but underemployed. That's what the report is pointing at and this isn't good either.

[quote author=GeneralDae post=125344003]
How are you surviving? Do you do something that fetch you cash weekly.
Most Nigerians are not unemployed but underemployed. That's what the report is pointing at and this isn't good either.[/quote pp]

My elder brother who happens to be the only one with good job in the family of 6 is the one helping out right now and the burden is much on him. I do some Bitcoin stuffs and try my luck on bet at times. My brother e no easy.

Seefinish:
If I believe that under this suffering, unemployment has fallen, I will believe that my mum was a virgin when she gave birth to me

Don't query the 4% unemployment rate. Try to understand the methodology, criticize the methodology and suggest a better methodology.
Don't be part of the lazy youths quick to spew rubbish on social media without detailed understanding of concepts/issues

I am disappointed with NBS. From 33.3℅ to 4.1℅ that's a magical reduction. How come?
what suddenly changed and no one feels the impact?
APC I hail you!

GeneralDae:

Yes you are.

when I had been kidnapped?. U say I am save!!

[quote author=ManAustin post=125344061][/quote]
Then you are unemployed. But you would agree with me that majority of Nigerians are farmers or traders. This is not the case in developed countries or even South Africa.
In those countries, their unemployed rely on Government grants.

GeneralDae:

Go and check the news again 😄😂

Thanks, that was a mistake.

GeneralDae:

Then you are unemployed. But you would agree with me that majority of Nigerians are farmers or traders. This is not the case in developed countries or even South Africa.
In those countries, their unemployed rely on Government grants.

It's so sad. The traders and farmers here don't even have the maximum support of the govt especially when it comes to access to fertilizers. What should be given to the poor masses as grants are cornered and then they say so many youths are lazy and unemployable. How can they be employable when they want them to garner experiences from their mothers womb or does schools gives one practical experience? It is just unfortunate.

tsdarkside:


i understand why he opened the thread and left....

reasonin with you guys is pointless....

In the words of Bejamin Disreali, there are three kinds of lies; lies, damn lies and statistics.

Please ask among your friends, family and acquaintances, look outside to the real world to know if unemployment has actually dropped or increased.

I can tell you for free that many companies have shut, have laid of staff or have stopped hiring in the past three months alone, thanks to the rising cost of living.

plaindealer:



Self-employed folks are employed folks and they employ other people to work under them, not only Office people are defined as employed, once they get up to earn a living either in the foreign, informal, or personal format, you are employed and making a living.

I read some rubbish about a supposedly unemployed graduate, but the graduate is frying and selling akara and making millions with a lot of people employed under him, but people still wrongly label him unemployed graduate.

Just imagine, he's unemployed but working hiring people and making millions.

Seeps self-employment is a strange and foreign concept to many Nigerians.

This is actually a better methodology.

It's same standard everywhere. We also have self employed people everywhere

Nigeria at 4.1% shows they're better than countries like UK, Germany and so many others.

We know in reality that job seekers in Nigeria are far more than those self employed or employed.

This is a politically induced statistics

TheGift:


In the words of Bejamin Disreali, there are three kinds of lies; lies, damn lies and statistics.

Please ask among your friends, family and acquaintances, look outside to the real world to know if unemployment has actually dropped or increased.

I can tell you for free that many companies have shut, have laid of staff or have stopped hiring in the past three months alone, thanks to the rising cost of living.

you can employ yourself....nigerian laws are not that strict like western nations....
you cant blame others when you are lazy....

many nigerians thinkin like you are in europe today living off social wellfare....
and you are their thinkin europeans will welcome you with open arms and cookies with tea....