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Nigeria Unemployment Rate Hits 5.3 Percent in Q1 2024

Summary by allAfrica
According to the bureau, time-related underemployment in Q1 2024 was 10.6 per cent, showing a decrease of 1.7 per cent from the rate of 12.3 per cent recorded in Q3 2023.

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allAfricaallAfrica

Nigeria Unemployment Rate Hits 5.3 Percent in Q1 2024

According to the bureau, time-related underemployment in Q1 2024 was 10.6 per cent, showing a decrease of 1.7 per cent from the rate of 12.3 per cent recorded in Q3 2023.

·South Africa
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Punch NewspapersPunch Newspapers

Nigeria’s unemployment rate rose to 5.3% in Q1 – Report

Nigeria’s unemployment rate increased marginally to 5.3 per cent in Q1 2024 from 5.0 per cent in Q3 2023, with females recording a higher unemployment rate of 6.2 per cent compared to males at 4.3 per cent. According to the latest report from the National Bureau of Statistics on Tuesday, in urban areas, the unemployment

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Premium Times NigeriaPremium Times Nigeria

Nigeria unemployment rate hits 5.3% in Q1 2024 – NBS

According to the bureau, time-related underemployment in Q1 2024 was 10.6 per cent, showing a decrease of 1.7 per cent from the rate of 12.3 per cent recorded in Q3 2023. The post Nigeria unemployment rate hits 5.3% in Q1 2024 – NBS appeared first on Premium Times Nigeria.

·Abuja, Nigeria
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LeadershipLeadership

Economic Hardship Pushes Unemployment Rate To 5.3% In Q1

Nigeria’s unemployment rate increased to 5.3 percent in Q1 2024, from 5 per cent in Q3 2023, as the economic hardship in the country continues to take a massive toll on companies; operational costs leading to total collapse of some businesses or in many cases, downsizing. The  National Bureau of Statistics has said in its Q1 2024 recent data, noted that by place of residence, the rate was 6 percent in urban areas and 4.3 percent in rural areas f…

·Abuja, Nigeria
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Independent Newspapers NigeriaIndependent Newspapers Nigeria

Nigeria’s Unemployment Rate Increased To 5.3% Q1 2024 - Nigeria News Update

ABUJA – The National Bureau of Statistics (NBS) on Tuesday said Nigeria’s unemployment rate increased to 5.3% in the first quarter (Q1) of 2024. According to the NBS, the un­employment rate increased com­pared to the five percent recorded in...

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NairametricsNairametrics

Nigeria’s unemployment rate rises to 5.3% in Q1 2024 as economic woes linger

Nigeria’s unemployment rate in the first quarter of 2024 rose to 5.3%- a 0.3%-points increase from 5.0% in the third quarter of 2023.   The post Nigeria’s unemployment rate rises to 5.3% in Q1 2024 as economic woes linger  appeared first on Nairametrics.

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