Hope Uzodimma Breaks Record, Scores First As The State Governor With Highest Rate Of Jobless People In Nigeria
“Combining both unemployment and underemployment, the state that recorded the highest rate was Imo with 82.5%”_NBS report
The unemployment rate in Nigeria has increased as the country grapple with two recessions in the last five years, under Buhari's administration.
According to Bloomberg report, Nigeria came second in the global list of countries with highest unemployment rate
Africa’s most populous nation, with over 200 million population, had 27.1 percent employment rate as of Q2 2020 and had a surge to 33.3 percent in Q4, according to a report released by the Nigerian Bureau of Statistics (NBS).
According to NBS, the underemployment rate saw a decrease from 28.6 per cent to 22.8 per cent, while a combination of both the unemployment and underemployment rate for the Q4 stood at 56.1 per cent.
Consequently, the statistics published by NBS indicated that Imo State had the highest rate of unemployment in the country with 56.6 percent, followed by Adamawa with 54.89 percent.
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“Combining both unemployment and underemployment, the state that recorded the highest rate was Imo with 82.5% followed by Jigawa with 80%. Ogun and Sokoto states recorded the lowest of the combined rates, 26.2% and 33.7% respectively.”
Figures tracked by Bloomberg showed that with the 33.3 percent unemployment rate, Nigeria surpasses South Africa on a list of 82 countries, while Namibia leads with 33.4 percent.
The unemployment rate in Nigeria is the highest-ever as the country reeled from two recessions in the last five years.
Reviewed by Okenwa Chinedu
on
March 18, 2021
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