Metro Nigeria’s Unemployment Rate Rises to 23.1% – NBS

Nigeria News

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After months of delay, the National Bureau of Statistics on Wednesday finally released the Labour Statistics Report for the third quarter of this year with the unemployment rate rising from 18.8 per cent in the third quarter of last year to 23.1 per cent.

The report which was posted on the website of the NBS stated that the number of persons in the labour force increased from 85.1 million in the third quarter of 2017 to 90.5 million in the third quarter of 2018.

It said the total number of people classified as unemployed increased from 17.6 million in the fourth quarter of 2017 to 20.9 million in the third quarter of 2018.

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