Nigeria’s unemployment rate rises to 20.9million in nine months

The latest figures released by the National Bureau of Statistics(NBS) on Wednesday shows that the unemployment rate is up from 18.8% in q3 2017 to 23.1% in q3 2018.

The report also shows that the total number of people in employment increased from 68.09mn (q3 2017) to top 69.54mn (q3, 2018).

Yemi Kale, statistician general of the federation, wrote on Twitter:

“Working age population up from 111.1m in Q3 2017 to 115.4m in Q3 2018. Labour force up from 85.08m in Q3 2017 to 90.47m in Q3 2018. Total Employed persons(Full+Partime)up from 69.09m in Q3 2017 to 69.54m in Q3 2018,”.