Posts Tagged ‘Unemployment’

Australia’s Unemployment Rate Jumps To 7.5%

According to the latest labour force data, more than one million Australians are now out of work, which shows the unemployment rate is now 7.5%. Even though seasonally adjusted employment increased by 114,700 people between June and July, and hours worked increased 1.3%, the unemployment rate in July edged up from 7.4% in June. The survey […]

Unemployment May Rise To 33.6% In 2020, If… — VP Osinbajo

Unemployment may rise to 33.6% or about 39.4 million people by the end of 2020, if the country “fail to take prompt preemptive measures”, Vice President Yemi Osinbajo has said. Osinbajo said this on Thursday while presenting the post COVID-19 Economic Sustainability Plan to Nigerian Ruler, Muhammadu Buhari at the Aso Rock Villa in Abuja. […]

#COVID19: Nigerian Ruler, Buhari Approves Engagement of 774,000 Nigerians in Rural Local Government

The official Twitter handle of the Federal Government Of Nigeria @NigeriaGov tweeted today that the National Directorate Of Employment has commenced a Special Public Works Programme (SPW) to engage Nigerian youths in rural Local Governments. The SPW is a 3 months programme aimed at engaging unemployed youths in rural areas during the dry(non-farming) season. The […]

Unemployment: We’ll be in serious trouble if…, — Aliko Dangote

The president of Dangote Group of Companies, Alhaji Aliko Dangote, says the high rate of unemployment is fuelling insecurity in the country. Dangote spoke in Abuja yesterday after a meeting with a delegation of NTA StarTimes Naija Farmers Reality TV show led by its Chief Executive Officers, Dr Chigbo Okoli. Dangote, represented by Executive Director, […]

Nigeria’s Unemployment Skyrocketed from 3.08m in 2014 to 13.14m in Q3 2018.

Nigeria’s unemployment rate rose to 23.1% of the workforce by the end of September 2018, up from 18.1% in 2017. The National Bureau of Statistics (NBS) stated this in its Labour Force Statistics, released on Wednesday, December 19, 2018. The economically active or working-age population (15 – 64 years of age) increased from 111.1 million […]

High rate of unemployment, threat to national security -Expert

An agriculturist, Chief Chidike Ukoh has raised alarm over increasing unemployment in the country, saying it is capable of threatening the nation’s unity. Ukoh, who is the Secretary, National Fish Association of Nigeria (NFAN) said if the menace was not addressed urgently, Nigeria might lose its potential youths to other countries in the nearest future. […]