Current Unemployment Rate 2024 In Nigeria. The report also said that in 2024, the unemployment rate will grow to 43 per cent while inflation will accelerate to 20.3 per cent in 2023 and 20.0 per cent in 2024. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
“labour force statistics database ( lfs )” ilostat. Nigeria youth unemployment rate for 2019 was 12.59%, a 0.17% increase from 2018.
The Report Also Said That In 2024, The Unemployment Rate Will Grow To 43 Per Cent While Inflation Will Accelerate To 20.3 Per Cent In 2023 And 20.0 Per Cent In 2024.
Underemployment rate which is a share of employed people working less than 40 hours per week and declaring themselves willing and available to work more was 13.7% in q4.
Youth Unemployment Rate In Nigeria Increased To 8.60 Percent In The Third Quarter Of 2023 From 7.20 Percent In The Second Quarter Of 2023.
Overall, the unemployment rate in nigeria has increased considerably, rising to 5.8 percent in 2022.
Current Unemployment Rate 2024 In Nigeria Images References :
Unemployment Refers To The Share Of The Labor Force That Is Without Work But Available For And Seeking Employment.
Nigeria’s unemployment rate surged to 5.0 per cent in the third quarter of 2023 from 4.2 per cent in the previous quarter, the latest labour force survey revealed.
Unemployment, Total (% Of Total Labor Force) (Modeled Ilo Estimate) In Nigeria Was Reported At 3.074 % In 2023, According To The World Bank Collection Of Development Indicators,.
Underemployment rate which is a share of employed people working less than 40 hours per week and declaring themselves willing and available to work more was 13.7% in q4.
