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Nigeria’s Unemployment Rate Falls to 4.1% - Politics - Nairaland

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Nigeria’s Unemployment Rate Falls to 4.1% by FreeStuffsNG: 1:39pm On Aug 24, 2023
Nigeria’s unemployment rate falls to 4.1%

Nigeria’s unemployment has plummeted from 33.3 per cent in 2020 to 4.1 per cent in the first quarter of 2023, and 5.3 per cent in the fourth quarter of 2022.

According to the National Bureau of Statistics (NBS), the 2020 statistics and the current one were calculated using different methodologies, after a two-year interruption.

The country’s unemployment figure which is an outcome of the labour force survey (LFS) conducted in Nigeria, is coming two years after the last official data of 33.3 per cent for the fourth quarter of 2020 which was released in March 2021.

NBS said on its website, “The National Bureau of Statistics (NBS) has enhanced its methodology of collecting labour market data through the Nigeria Labour Force Survey (NLFS) in line with International Labour Organisation (ILO) guidelines.

“The results presented in this report are for the reference periods of Q4 2022 and Q1 2023.”

The LFS is a quarterly survey created with the aim of producing official national statistics on the labour force, employment and unemployment for monitoring and planning purposes.

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

106 Likes 4 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by FreeStuffsNG: 1:39pm On Aug 24, 2023
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!

348 Likes 17 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by FreeStuffsNG: 5:18pm On Aug 24, 2023
This is truly heart warming. If you are ready and seriously ready to work and earn legitimate income, there's job.

Pocket your nonsense arrogance and fake taste life. You can't start job today and start living large tomorrow, true success takes time to attain.

You can not even start work now and still have time for Nairaland/ social media gists. It is unseriousness and laziness that is killing you.

My advice to you is to repent, have self discipline, start small, learn with humility, work diligently, courteous, loyal, upright, hardworking and humble then rise up steadily.

130 Likes 2 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by ivolt: 5:20pm On Aug 24, 2023
This is a fantasy.
Not even Asian "miracle" economies were able to achieve such dramatic feat within a short period.
I suppose NBS just changed their definition of unemployment to push out this bogus figure.

307 Likes 28 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by Seefinish: 5:29pm On Aug 24, 2023
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

363 Likes 35 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by Enugupikin: 5:30pm On Aug 24, 2023
Lol, anything to console Agbado munchers grin cheesy

181 Likes 16 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by igwebuike01: 5:48pm On Aug 24, 2023
FreeStuffsNG:
Nigeria on forward march
So you believe Nigeria unemployment is 4.1%? Even developed country can't boast of such. NBS is a joke

182 Likes 14 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by FourQu: 5:52pm On Aug 24, 2023
TAAA! Lies

Na statistics we go chop? angry

92 Likes 5 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by TundeBricklayer: 5:56pm On Aug 24, 2023
Propaganda regime, except more for them, I don't know what they take Nigerians for, when companies are closing who is employing them, Glaxosmith and so many others has shutdown do to high inflation rate and folks without brains are deceiving Nigerians

80 Likes 8 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by FreeStuffsNG: 5:56pm On Aug 24, 2023
igwebuike01:

So you believe Nigeria unemployment is 4.1%? Even developed country can't boast of such. NBS is a joke
There are different types of unemployment. Please read up on it. You are not really unemployed under natural unemployment

103 Likes 5 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by bender79: 5:58pm On Aug 24, 2023
Lies on lies. Even US haven't achieved that much

40 Likes 5 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by Mindlog: 5:59pm On Aug 24, 2023
133 million Nigerians live in multidimensionally poverty, while unemployment rate has fallen to 4.1% cheesy cheesy cheesy cheesy cheesy cheesy

The UK unemployment rate is 4.2%, Nigeria unemployment rate is 4.1%! cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy

151 Likes 17 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by MadamExcellency: 6:00pm On Aug 24, 2023
Thank God we are now getting the jobs.

Imagine what percentage it will fall to when the government recruits the hundreds of thousands of youths to the military?

24 Likes 4 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by igwebuike01: 6:00pm On Aug 24, 2023
FreeStuffsNG:
There are different types of unemployment. Please read up on it. You are not really unemployed under natural unemployment
See self deceit. Lol

70 Likes 9 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by Nice2023(m): 6:06pm On Aug 24, 2023
Liars...when people are losing their jobs like kilode.

I dey laugh.


People wey no dey work...sorry.

This is the biggest propaganda.

30 Likes 8 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by Ofodirinwa: 6:09pm On Aug 24, 2023
they've come with the fake statistics they use to govern in the SW

55 Likes 9 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by LUAN(m): 6:34pm On Aug 24, 2023
For where the work dey

16 Likes 3 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by Generalyemi(m): 6:34pm On Aug 24, 2023
grin

If you will tell yourself the truth, Nigeria may never be better in our lifetime..
Never

30 Likes 3 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by saphiere(f): 6:34pm On Aug 24, 2023
Re: Nigeria’s Unemployment Rate Falls to 4.1% by bookson(m): 6:34pm On Aug 24, 2023
Liars.... 4.1% fire

14 Likes 3 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by Brendaniel: 6:35pm On Aug 24, 2023
And the propaganda keeps rolling....

34 Likes 3 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by FunkeAyorinde: 6:35pm On Aug 24, 2023
As fake as Lamidi apapa

18 Likes 1 Share

Re: Nigeria’s Unemployment Rate Falls to 4.1% by BigDawsNet: 6:35pm On Aug 24, 2023
Are you kidding me... 4.1% ?? Abi we have another Nigeria in North America region

17 Likes 1 Share

Re: Nigeria’s Unemployment Rate Falls to 4.1% by princeemmma(m): 6:35pm On Aug 24, 2023
who dey employ them

7 Likes 1 Share

Re: Nigeria’s Unemployment Rate Falls to 4.1% by DKM123: 6:35pm On Aug 24, 2023
Las las May God punish all you evul propagandaist. You people are really taking Nigerians for granted. When the rate of unemployment is skyrocketing, y'll are here gaslighting us. Even USA unemployment rate is struggling to be around that range. I blame Nigerians that are mostly sens£less and gullible.

41 Likes 6 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by piper7(m): 6:35pm On Aug 24, 2023
The tribal King is here again

The statistics given out by NBS is a blatant lie. Omo!! This country is a joke.

Whose population do you think contributes to the high level of unemployment in Nigeria??

Like for Southern Nigeria

Share for Northern Nigeria

14 Likes 5 Shares

Re: Nigeria’s Unemployment Rate Falls to 4.1% by omoadeleye(m): 6:35pm On Aug 24, 2023
Nice
Re: Nigeria’s Unemployment Rate Falls to 4.1% by Brownbetsport24: 6:35pm On Aug 24, 2023
Hh

11 Likes 1 Share

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