Nigeria needs 3.3m fresh jobs yearly to maintain record-high 23% unemployment rate

Nigeria needs 3.3m fresh jobs yearly to maintain record-high 23% unemployment rate

For Nigeria to keep its unemployment rate stable at record-high 23 percent, assuming this was desirable, the country would need to create at least 3.3 million jobs every year. Keeping the unemployment rate stable would help the country avoid exacerbating joblessness and absorb new labour market entrants. But Nigeria struggled to create only a fifth…

This content is for 2 Weeks FREE plan, 2 Weeks FREE plan (Flutterwave), 2 Weeks FREE plan (NAIJASTARTUP), 2 Weeks FREE plan (Paylater), 2 Weeks FREE plan (PiggyVest), 2 Weeks FREE plan (She Leads Africa), 2 Weeks FREE plan (Union Bank), 2 Weeks FREE plan (Wema Bank), BusinessDay/Ready Set Work Premium Yearly (FREE), Combo offer with print, Premium, Premium Bi-Annual, Premium Bi-Annual USD, Premium Yearly, Premium Yearly (CFA Society Nigeria ), Premium Yearly (Union Bank), Premium Yearly USD, Standard Bi-Annual, Standard Bi-Annual USD, Standard Yearly, Standard Yearly USD and Standard Yearly- Welcome Back Package members only. Visit the site and log in/register to read.