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7.9 Million Nigerians Became Unemployed In 21 Months – NBS (18919 Views)
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Racoon(m): 10:21pm On Jul 29, 2018 |
A total of 7.956 million Nigerians became unemployed between January 2016 and September 30, 2017, data from the National Bureau of Statistics shows. This unemployment report survey for the third quarter of 2017 released by the NBS on December 22, 2017 puts the number at 7.956 million more than the 8,036 million in stood in 2015 Q4. The bureau in the report stated that the number of Nigerians that became unemployed rose from 8,036 million in 2015 fourth quarter to 15.998 million in third quarter of 2017. READ ALSO: More Nigerians Become Jobless As Unemployment Rate Increases In Q3 The report said further that between the second quarter and third quarter of 2017, the number of economically active or working age population (15 – 64 years of age) increased from 110.3 million to 111.1 million. “The unemployment rate increased from 14.2 per cent in Q4 2016 to 16.2 per cent in Q2 2017 and 18.8 per cent in Q3 2017. The number of people within the labor force who are unemployed or underemployed increased from 13.6 million and 17.7 million respectively in Q2 2017, to 15.9 million and 18.0 million in Q3 2017. “Total unemployment and underemployment combined increased from 37.2 per cent in the previous quarter to 40 per cent in Q3 2017. “The labor force population increased from 83.9 million in Q2 2017 to 85.1 million in Q3 2017. The total number of people in full-time employment (at least 40 hours a week) declined from 52.7 million in Q2 2017 to 51.1 million in Q3 2017.” NBS in the report blames the increasing unemployment and underemployment rates on Nigeria’s fragile economy despite the exit from recession. The report explained that domestic labor market is still fragile and economic growths in the past two quarters in 2017 have not been strong enough to provide employment in Nigeria’s domestic labor market. “An economic recession is consistent with an increase in unemployment as jobs are lost and new jobs creation is stalled. “A return to economic growth provides an impetus to employment. However, employment growth may lag, and unemployment rates worsen especially at the end of a recession and for many months after,” the report said. During the third quarter of 2017, according to the report, 21.2 percent of women within the labour force (aged 15-64 and willing, able, and actively seeking work) were unemployed, compared to 16.5 percent of men within the same period. The report also noted that underemployment was predominant in the rural areas as 26.9 percent of rural residents within the labour force in were underemployed compared to 9 percent of urban residents within the same period. See table of the report below: https://www.channelstv.com/2017/12/22/7-9-million-nigerians-became-unemployed-21months-nbs/amp/?__twitter_impression=true 3 Likes 5 Shares |
SpatialKing(m): 10:24pm On Jul 29, 2018 |
FTC I the Back2Daura 2019 movement Buhari has destroyed our economy.... 258 Likes 25 Shares |
agwom(m): 10:25pm On Jul 29, 2018 |
chai
7 Likes |
OfficialAPCNig: 10:37pm On Jul 29, 2018 |
And some good-for-nothing souls want us to return this calamity. #Never 231 Likes 21 Shares |
Racoon(m): 10:38pm On Jul 29, 2018 |
Meanwhile APC promised 3 million jobs annually yet caused 7.9million Nigerians to lose their jobs in less than 2years because of their clueless & useless policies of governance. 135 Likes 7 Shares |
HenryThegreat1(m): 10:38pm On Jul 29, 2018 |
Too bad
28 Likes |
Tedpgrass: 10:43pm On Jul 29, 2018 |
Racoon: Buhari and the relevant minister should please respond swiftly..... Not by confabulations via Lai Mohammed but by creation of steady jobs and ing a viable growing economy Not in "paper" as seen by the "?npower" recruitment aka keyboard warriors, sanitising their PR online But by viable visible measurable and specific short and longterm strategies of sustainable growth in the economy!! . 42 Likes 1 Share |
Hofbrauhaus(m): 10:46pm On Jul 29, 2018 |
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Jirate(m): 10:48pm On Jul 29, 2018 |
I Thought They Promised 3 Million Jobs Per Year, Back To Daura Is A Must. ![]() 132 Likes 3 Shares |
resurgent2019: 10:48pm On Jul 29, 2018 |
![]() The man—Buhari— is pure bad luck and a harbinger of hardship! 115 Likes 6 Shares |
MrPolitics: 10:51pm On Jul 29, 2018 |
Back2Daura2019. This baba must go 122 Likes 7 Shares |
Jirate(m): 10:53pm On Jul 29, 2018 |
Tedpgrass: Forget Them, If You Think by Quoting The Entire News You Can Get Them to Respond, Forget it. If You Like Quote The Entire Web Site, You Are On Your Own. ![]() 53 Likes 3 Shares |
SolutionMee: 11:00pm On Jul 29, 2018 |
That's not bad Were they working before In a population of about 200 million people, only 8 million people lost their jobs in 21 months Assuming we give Buhari another four years come 2019, it'll only take Buhari 48 months to make another 17 million people to loose their jobs In 2023, assuming we give Buhari's grandfather (if still alive) or elder brother a chance, about 34 million people will loose their jobs Within 12 years of reign in power, Buhari and his family has the potential and capability to make half of Nigerian's loose their jobs I've seen the reason why some people think this man deserves a second term To finish the good work he started And peradventure take Nigeria back in time A journey to the 90's Military age and era of dictators #RIP2NigeriaDemocracy 71 Likes 6 Shares |
horsepower101: 11:05pm On Jul 29, 2018 |
lalasticlala No wonder the shitzoorians are trooping to libya to be enslaved. 21 Likes 1 Share |
Thisis2raw(m): 11:06pm On Jul 29, 2018 |
I wish that 7.9million people are all APC ers
95 Likes 4 Shares |
buhariguy(m): 11:10pm On Jul 29, 2018 |
Jirate:5 millions job has already be created through rice farming alone. From 3m rice farmers to 8m rice farmers. Other farmers have increase from 10m to 25m farmers. 4 Likes 2 Shares |
Thisis2raw(m): 11:10pm On Jul 29, 2018 |
buhariguy:must everybody be a farmer?? What about the ones that have a dream of being bankers, pilots, doctors, civil engineers, computer scientists?? Look at all the great nations of the world like America, China, The Uk , Russia and the rest of them, are all their citizens farmers?? Tell me one Nation in the world that is rich through just farming? Yes agriculture feeds your people, but it won't make you or your people rich. The like of America China Russia South Korea even Brazil are making serious billions through Technology. We need to move as other nations of the world is moving. Not to be thinking like Bush man 156 Likes 10 Shares |
Thisis2raw(m): 11:12pm On Jul 29, 2018 |
buhariguy:in as much I respect your opinion...you think like a primitive man 139 Likes 6 Shares |
buhariguy(m): 11:13pm On Jul 29, 2018 |
Thisis2raw:if the 8m people are APC, they will still vote for buhari. But you know thief atiku and thief saraki can not get up to 5m vote. 1 Like |
FarahAideed: 11:13pm On Jul 29, 2018 |
Only a very wicked person will Buhari still at this stage
80 Likes 3 Shares |
ChangetheChange: 11:14pm On Jul 29, 2018 |
![]() ![]() ![]() Another achievement from Buhari the dullard 41 Likes 2 Shares |
buhariguy(m): 11:14pm On Jul 29, 2018 |
Thisis2raw:did buhari sack any bankers or pilots? Is even encouraging more White collar jobs like more pilots will be available as Nigeria air wil commence. More engineers are now working as a result of increase in infrastructural development across the country. |
buhariguy(m): 11:16pm On Jul 29, 2018 |
FarahAideed:this report was when we were in recession 1 Like |
Nbote(m): 11:16pm On Jul 29, 2018 |
And jus d other day Amaechi was busy blaming skools for churning out more graduates within dat period... In d voice of Lai Muhammed "These are d ppl d President referred to as lazy Nigerians.. How can all these number of ppl misplace and lose their jobs and expect d govt to help dem find it? I am sure GEJ and d previous istration stole those jobs"
24 Likes |
Omololu001: 11:20pm On Jul 29, 2018 |
buhariguy:is this a joke or what ![]() 55 Likes 1 Share |
Thisis2raw(m): 11:22pm On Jul 29, 2018 |
buhariguy:but his bad way of handling the economy did. A man that only thinks of farm and cows only. While other side of the world, their President thinks of technology, innovation and great economical ideas 30 Likes 1 Share |
buhariguy(m): 11:24pm On Jul 29, 2018 |
Thisis2raw:just in the 90s here, prof in China once dropped their ties and enter farm. They were able to generate wealth through their population, If we can feed ourselves as a nation and reduced importation, With our population in African, we will be self sufficient, and the gain can be use to advanced technology. 4 Likes 1 Share |
Thisis2raw(m): 11:25pm On Jul 29, 2018 |
buhariguy:oh Saraki is now a Thief ba? Shame on you people 52 Likes 3 Shares |
Thisis2raw(m): 11:26pm On Jul 29, 2018 |
buhariguy:quote me any where. China has never be a farming nation. My brother go do your research and stop thinking like buhari 64 Likes 3 Shares |
resurgent2019: 11:27pm On Jul 29, 2018 |
buhariguy: His command and control economic policies ensured that millions of bankers lost their jobs. I was surprised today when a friend told me his brother(a banker) had to emigrate to the US in search of greener pastures, leaving his young wife and baby in Nigeria. Millions of families especially in the south of Nigeria have been destroyed due to the destructive policies of the regime and most don’t even have the luxury of emigrating anywhere so we see the family unit hugely strained and breaking up due to economic pressures. A lot of people are seething with anger and frustration at what is going on and you BMCs want another 4 years for Buhari? This is in addition to the divisive and disruptive posture of Buhari. He has overseen the cleansing of the Benue valley, with the concomitant humanitarian crisis that pursued large agrarian families from the farmland. This are some of the reasons we are convinced that Buhari ers are some of the most wicked and vilest Individuals these are on this earth to even contemplate that Nigerians should continue to bear this yoke for another 4 years. Don’t you have pity on your fellow men? I am short for words to describe buhariguy and other BMCs on Nairaland. 73 Likes 8 Shares |
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