What is the rate of unemployment in Nigeria 2019?

Nigeria Unemployment Rate 1991-2021

Nigeria Unemployment Rate – Historical Data
Year Unemployment Rate (%) Annual Change
2019 8.10% -0.15%
2018 8.24% -0.15%
2017 8.39% 1.33%

What is the current youth unemployment rate in Nigeria?

In 2020, the estimated youth unemployment rate in Nigeria was at almost 14.2 percent.

Nigeria: Youth unemployment rate from 1999 to 2020.

Characteristic Youth unemployment rate
2020 14.17%
2019 13.96%
2018 13.72%
2017 13.96%

Which state has the highest unemployment rate 2019?

Alaska had the highest jobless rate, 6.5 percent.

Which state has the worst unemployment?

Unemployment rate by jurisdiction

Rank Rank (50 states) State federal district or territory
1 1 Nevada
2 2 Michigan
3 3 Hawaii
4 4 Rhode Island

What is Canada’s unemployment rate 2020?

In 2020, 9.5 percent of the labor force in Canada was unemployed. This is a significant increase from the previous year, when unemployment stood at 5.7 percent.

Why is unemployment so high in Nigeria?

What’s driving unemployment in Nigeria? One factor is the critically poor state of the economy. The economy has not been in good shape for the past five years and first went into a recession in 2016. In 2020 in the wake of the COVID-19 pandemic it plunged into another recession – its worst in four decades.

What state has the worst unemployment system?

Bottom line: Florida offers the worst unemployment insurance out of every state, with a maximum of $275 per week for only 12 weeks — less than half the amount of time most other states allow.

How many persons are unemployed in Nigeria?

Nigeria Labour Last Lowest
Unemployed Persons 23187.00 4672.00
Youth Unemployment Rate 53.40 11.70
Minimum Wages 30000.00 18000.00
Employed Persons 58527.00 58527.00

What is the poverty rate in Nigeria 2020?

An individual is considered poor in Nigeria when has an availability of less than 137.4 thousand Nigerian Naira (roughly 361 U.S. dollars) per year. In total, 40.1 percent of population in Nigeria lived in poverty.

Which state has the lowest unemployment rate in Nigeria?

Unemployment and Underemployment by State The States with the lowest rates were Osun, Benue and Zamfara States with 11.65%, 11.98% and 12.99% respectively. In the case of underemployment, Benue State recorded the highest rate with 43.52%, followed by Zamfara and Jigawa States with 41.73% and 41.29% respectively.

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