Unemployed Nigerians increase by 3.3m to 20.9m — NBS

Unemployed Nigerians – The number of unemployed Nigerians rose by 3.3 million to 20.9 million in the third quarter of 2018 (Q3’18), a report from the National Bureau of Statistics (NBS) has shown.

The NBS in its Labour Force Statistics –volume 1: Unemployment and underemployment report for Q3’18, indicated that year-on-year (YoY) the rate of unemployment rose by 3.3 million or 19 percent to  20.9 million in Q3’18 from 17.6 million in Q3’17, while on quarterly basis, it rose by three percent from 20.3 million in Q2’18. The report showed that unemployed and under-employed female population far outpaced that of the men folk. Expectedly, the rate of job losses in the rural areas also far outpaced that of the urban centers with the rate of unemployment in the rural center increasing by 7.5 percent, while there was a 2.2 percent decrease in unemployment in the urban center respectively.

jobless and under-utilized female populace far dominated that of the men society. Expectedly, the pace of occupation misfortunes in the provincial regions likewise far outperformed that of the metropolitan habitats with the pace of joblessness in the rustic place expanding by 7.5 percent, while there was a 2.2 percent decline in joblessness in the metropolitan community individually.

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