₦airaland Forum

The National Bureau of Statistics released its latest unemployment and underemployment numbers revealing that about 7.5 million Nigerians who are eligible to work cannot get a job. 3.5 million or about half of this number are young people who fall within the age bracket of 25 to 44 years. The Bureau further explains that the this number of unemployed Nigerians make up about 4% of the world’s unemployed population.


The International Labour Organisation (ILO) on whose recommendation most countries in the world unemployment methodology is based including Nigeria, states that 201 million people globally are unemployed and this may rise to 219 million by 2019. With 7.5 million Nigerians technically unemployed, this means 4% of the worlds unemployed are Nigerians.

Nigerians unemployment problem is probably much worse than the data currently suggest as it assumptions for who is employed considers millions of people who will rather work menial jobs to just to survive. It calls this metric underemployment and puts it at 17%.4. The figure puts those who are underemployed to 13.2 million.

The report further revealed that Nigeria’s unemployment rate is worse than about 22 African countries.



Nigeria with an unemployment rate of 9.9% in Q3 2015 has a better unemployment rate than reported in 67 countries but worse than 113 countries, including 21 African countries with unemployment rates lower than 9.9%.

The ILO has previously forecast a global unemployment rate of 5.9% this year and next, compared with 5.5% before the global financial crisis in 2007, implying that Nigeria’s Q3 unemployment rate of 9.9% (minus an additional 17.4% underemployment) is higher than the global average. The highest unemployment rate in the world is recorded in Djibouti (54%), Congo(46%), Bosnia and Herzegovinian(43%), Haiti (40%), Kosovo(35%), while 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%).
more on...http://nairametrics.com/4-of-the-worlds-unemployed-are-nigerians/

Daft survey,Nigeria is better than most african countries

bettercreature:
Daft survey,Nigeria is better than most african countries

I wonder if you live in Nigeria.

bettercreature:
Daft survey,Nigeria is better than most african countries

those who take their time to conduct research provides their finding, and all you can say is that its a daft survey.

Nigeria is better than most african countries, in terms of what

Employment? doubt you are employed.

electricity?

security?

Africa's largest oil exporter do not have a single refinery working at optimum capacity.

basically you know better than the International Labour Organisation.

good for you

Nigerians embarrassing the world since the days of john the baptist.
it is well

This Union of Nigeria will continue to spread misery till it dissolves. The unemployment situation is worse than the lie lie statistics our government gives out.

vani86:
those who take their time to conduct research provides their finding, and all you can say is that its a daft survey.

Nigeria is better than most african countries, in terms of what

Employment? doubt you are employed.

electricity?

security?

Africa's largest oil exporter do not have a single refinery working at optimum capacity.

basically you know better than the International Labour Organisation.

good for you

in term of security,employment and electricity Nigeria is better than most countries,go to india,philipines and many other african countries,close to half of their working class population are unemployed and here is one stewpid survey telling us Nigeria of 200million people has 4 percent of world population of unempolyed ,indian alone has over 40million unemployed compare to the 13million on this stewpid survey.Bastardsss trying to blackmail Nigeria

7.5m unemployed?,that survey is as inconclusive as kogi election.if I hear say dem no pass 20m.

bettercreature:
in term of security,employment and electricity Nigeria is better than most countries,go to india,philipines and many other african countries,close to half of their working class population are unemployed and here is one stewpid survey telling us Nigeria of 200million people has 4 percent of world population of unempolyed ,indian alone has over 40million unemployed compare to the 13million on this stewpid survey.Bastardsss trying to blackmail Nigeria

in the survey there was no mention of india, or its unemployed population, why bring it up. and yes, there is a very big probability that the survey is right due to our population size in relative to those gainfully employed.

in case you do not know, ask the average nigerian or graduate,

is employment when someone with a degree in engineering works as a carpenter apprentice.

is employment when someone with a degree in banking works as a driver for 50k a month.

i am sure when you ask people like this if they are employed they will definitely say no.

vani86:
in the survey there was no mention of india, or its unemployed population, why bring it up. and yes, there is a very big probability that the survey is right due to our population size in relative to those gainfully employed.

in case you do not know, ask the average nigerian or graduate,

is employment when someone with a degree in engineering working as a carpenter apprentice.

is employment when someone with a degree in banking working as a driver for 50k a month.

i am sure when you ask people like this if they are employed they will definitely say no.

'Working as adriver for 50k a month'

In Nigeria or UK?

Drivers salary in Nigeria no pass 30k.

But in your opinion, are those you mentioned employed? Just asking?

Zinicc:
'Working as adriver for 50k a month'

In Nigeria or UK?

Drivers salary in Nigeria no pass 30k.

But in your opinion, are those you mentioned employed? Just asking?

of course thats not employment, if there is a register for unemployed citizens, their name will be there