23.18m Nigerians are now unemployed — NBS . . Nigeria’s unemployment rate hit a new record high at 33.3 per cent in

23.18m Nigerians are now unemployed — NBS
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Nigeria’s unemployment rate hit a new record high at 33.3 per cent in fourth quarter (Q4) 2020 from 27.1 recorded in second quarter (Q2) 2020.
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According to Q4 unemployment report released by the Nigerian Bureau of Statistics (NBS) on Monday, a total of 23.18 million persons in Nigeria either did nothing or worked for less than 20 hours a week, making them unemployed during the fourth quarter (Q4) 2020.
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During the period, while the underemployment rate decreased from 28.6 per cent to 22.8 per cent, a combination of both the unemployment and underemployment rate for the reference period gave a figure of 56.1 per cent.


23.18m Nigerians are now unemployed — NBS
.
.
Nigeria’s unemployment rate hit a new record high at 33.3 per cent in fourth quarter (Q4) 2020 from 27.1 recorded in second quarter (Q2) 2020.
.
.
According to Q4 unemployment report released by the Nigerian Bureau of Statistics (NBS) on Monday, a total of 23.18 million persons in Nigeria either did nothing or worked for less than 20 hours a week, making them unemployed during the fourth quarter (Q4) 2020.
.
.
During the period, while the underemployment rate decreased from 28.6 per cent to 22.8 per cent, a combination of both the unemployment and underemployment rate for the reference period gave a figure of 56.1 per cent. #news

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