Saturday, December 17, 2016

Nigeria: Unemployment Rate Rises to 13. 9% – NBS

The National Bureau of Statistics on Thursday said the country’s unemployment rate has risen from 13.3 per cent in the second quarter of this year to 13.9 per cent as at the end of the third quarter.

The bureau stated this in the unemployment report which was released by the Statistician General of the Federation in Abuja.
In the report, the bureau said the number of economically active people increased from 106.69 million in the second quarter to 108.03 million in the third quarter.
It added that during the period, a total number of 554,311 fresh people out of those that joined the labour force were unemployed in the third quarter.
This, according to the report, represents a 1.26 per cent increase over the previous quarter and a 3.57 per cent increase when compared to the corresponding third quarter of 2015.

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