The National Bureau of Statistics (NBS) says the country’s labour population increased from 83.9 million in the second quarter to 85.1 million in the third quarter of 2017.
The NBS stated this in “Unemployment and Under Employment Report from 1st quarter to third quarter 2017’’ released on Friday in Abuja.
The NBS stated that the total number of people in full-time employment (at least 40 hours a week) declined from 52.7 million in the second quarter 2017 to 51.1 million in third quarters.
It stated that the unemployment rate increased from 14.2 per cent in the fourth quarter 2016 to 16.2 per cent in second quarter 2017 and 18.8 per cent in the third quarter, 2017.
The number of people with the labour force who were in unemployment or underemployment increased from 13.6 million and 17.7 million respectively in the second quarter 2017, to 15.9 million and 18.0…
Read More…..PM News
