Saturday, 12 October 2013

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NIGERIA’S UNEMPLOYMENT RATE RISESTO 23.9% —NPC

  • Saturday, 12 October 2013
  • The National Population Commission has
    said that the rate of unemployment in
    Nigeria rose from 21.1 per cent in 2010 to
    23.9 per cent in 2011.
    The NPC, in the latest report on its
    website, said the nation’s economic
    growth had not translated into job
    creation.
    It said, “Figures from the National
    Bureau of Statistics clearly illustrated
    the deep challenges in Nigeria’s labour
    market, where the nation’s rapid
    economic growth has not translated into
    effective job creation.
    “The NBS estimates that Nigeria’s
    population grew by 3.2 per cent in 2011,
    from 159.3 million people in 2010 to 164.4
    million in 2011, reflecting rapid population
    growth. In 2011, Nigeria’s unemployment
    rose to 23.9 per cent compared with 21.1
    per cent in 2010.”
    It said the labour force swelled by 2.1
    million to 67,256,090 people, with just
    51,224,115 persons employed, leaving
    16,074,205 people without work.
    The NPC said the lack of sufficient jobs
    resulted in additional 2.1 million
    unemployed persons in 2011, up from 1.5
    million unemployed people produced in
    2010.
    It added, “Unemployment was higher in
    the rural areas, at 25.6 per cent, than in
    the urban areas, where it was 17 per
    cent on average. In the light of the
    country’s fast – growing population,
    efforts to create a conducive
    environment for job creation must be
    redoubled, if the trend of rising
    unemployment is to be reversed.”
    It said the Federal Ministry of Labour
    and Productivity, in a bid to maintain
    industrial peace and harmony, resolved
    279 of the 328 labour complaints it
    received in 2011, indicating an 85 per
    cent rate of resolution of complaints.
    It said, “The number of complaints
    received increased compared with 2010
    (263). However, the resolution rate of 85
    per cent improved from 51 per cent in
    2010.
    “The FML&P also reported a decrease in
    the percentage of man-hour lost to
    strikes in 2011, and an increase in the
    number of persons trained and equipped
    under skill acquisition programs to
    establish their own trade.”
    The commission noted that the number
    of jobs created in 2011 was reported as
    209, 239 by the Federal Ministry of
    Labour and productivity.

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