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Unemployed Nigerians rises to 20.9m from 17.6m in nine months – Report

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A report by National Bureau of Statistics (NBS) on Wednesday indicates that the number of unemployed Nigerians has risen to 20.9 million from 17.6 million.

The report which contained the employment trends from Q4 2017 to Q3 2018, also disclosed that the working-age population (people between 15-64 years) increased from 111.1 million to 115.5 million.

According to the report, the 20.9 million unemployed Nigerians  inclides 8.77 million of them who are first-time job seekers, 0.93 million people who are unemployed because they lost their jobs and 11.1 people working for less than 20 hours a week.

The report which reads, “The total number of people in employment (i.e with jobs) increased from 68.4 million in Q3 2015 to 68.72 million in Q3 2016, to 69.09 million in Q3 2017 and 69.54 million in Q3 2018,” the report read.

“The total number of people in full-time employment (at least 40 hours a week) increased from 51.1 million in Q3 2017 to 51.3 million in Q3, 2018.

“The total number of people in part-time employment (or underemployment) decreased from 13.20 million in Q3 2015 to 11.19 million in Q3 2016 but increased to 18.02 million in Q3 2017 and to 18.21 million in Q3 2018.

“The total number of people classified as unemployed, which means they did nothing at all or worked too few hours (under 20 hours a week) to be classified as employed increased from 17.6 million in Q4 2017 to 20.9 million in Q3 2018.”


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