In a September article, the U.S. Bankย discusses the potential for a market correction in 2024. It notes that while many analysts believe a downturn is likely...
The Nigerian unemployment rate increased to 5.3 percent in the first quarter (Q1) of 2024 from 5.0 percent reported in 2023. However, the report showed that...
Nigeria’s unemployment rate surged to 5.0% in the third quarter (Q3) of 2023, representing an increase of 0.8% from the previous quarter, according to recent statistical...
The National Bureau of Statistics (NBS) released its revised methodology yesterday, revealing a 4.1% unemployment rate in the first quarter of 2023, down from 5.3% in...
Approximately 76.7% of working-age Nigerians were engaged in some form of employment during the first quarter of 2023, compared to 73.6% in the previous quarter.
Construction and Trade Sectors Lead the Way as Unemployment Dips to 32.6% in Q2 2023
The Nigerian economy is facing significant challenges with the unemployment rate projected to reach 40.6% in 2023, according to the KPMG Global Economy Outlook report released...
There is worry following a fresh report of the International Labour Organisation (ILO) which predicted that global unemployment would jump up 3 million to 208 million...
Job openings will decline and global employment growth will get significantly worse in the fourth quarter of 2022.
Africa’s most populous nation, Nigeria’s unemployment rate rose to a record-high of 33.3 percent or 23.187 million persons in the fourth quarter of 2020, according to...