Tag: Unemployment rate
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Explainer: Why Nigeria’s unemployment rate declined by 77% in Q1 2023
Recent data from the National Bureau of Statistics (NBS) indicates a somewhat surprising trend in Nigeria’s employment landscape, with a sharp rise in the country’s employment rate despite prevailing economic challenges. According to the report, approximately 76.7 per cent of working-age Nigerians were engaged in some form of paid or profit-oriented work in the first…
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How we arrived at unemployment rate of 4.1% – NBS
The National Bureau of Statistics (NBS) has clarified how it arrived at the unemployment rate of 4.1% in Nigeria.
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Analysis: Why Nigerians choose struggling abroad with multiple jobs over unemployment
In recent years, a growing number of Nigerians have been opting to leave their home country and seek opportunities abroad, even if it means taking on multiple and often menial jobs. The idea of a better life and greater economic opportunities abroad, often portrayed through social media and success stories of those who have emigrated,…
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Morocco’s unemployment rate drops to 9.8%
Morocco’s unemployment rate dropped to 9.8 per cent in 2018 from 10.2 per cent in 2017 with services topping job creating sectors, the planning agency said on Tuesday. The agency said in Rabat that the economy created 112,000 jobs last year, including 21,000 in rural areas, up from 86,000 jobs in 2017. It said that…
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Unemployment rate hits over 210m globally – ILO
The International Labour Organization (ILO) has said that over 210 million people are unemployed globally and that by 2030 the world would need 600 million jobs extra. Mr Luc Cortebeeck, Vice-President of Governing Body of ILO said this at the just concluded Training Course for Media Professionals on “Communicating Labour Rights” in the International Training…