Nigeria’s Unemployment Rate Rises To 5.3% In Q1

Servant-leadership In Youth Kicks Off

Nigeria’s Unemployment Rate Rises To 5.3% In Q1 …C0NTINUE READING HERE >>>

Nigeria’s unemployment rate increased to 5.3% in Q1 2024, from 5% in Q3 2023, the National Bureau of Statistics (NBS) has said in a recent data.

By place of residence, the rate was 6% in urban areas and 4.3% in rural areas for Q1 2024.

The unemployment rate among youth aged between 15-24 years was 8.4% in Q1 2024, a decrease of 0.2% compared to Q3 2023 (8.6%).

The percentage of youth not in education, employment, or training (NEET rate) was 14.4% in Q1 2024, according to the statistics…

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