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Selected Tables from Job Creation and Employment Generation Survey, 2nd Quarter 2015
In the second quarter of 2015, the Total number of jobs created in the economy was 141,368 jobs, this is a decline of 69.9% (327,702) over the number of jobs in the preceding quarter and 45.5% less than the total number of jobs recorded in the same period of 2014.
In the formal sector, 51,070 new jobs were generated, representing 36.1% of total jobs generated in the second quarter of 2015. This is a decline of 61.6% (79,871) jobs when compared to the first quarter of 2015 and a 35.2% decline when compared to the same period in 2014. In the public sector of the economy, there was a 11.7 percent (669) increase in the number of jobs created making 6,395 new jobs generated in the public sector in the 2nd quarter of 2015, the jobs generated in the public sector represents 4.5% of the total jobs generated during the reference period.
Under informal jobs, which typically consists of jobs generated by individuals or businesses employing less than 10 or those businesses operating with little or no structures e.g. those in Agriculture and Wholesale and Retail Trade. In the second quarter of 2015, an estimates 83,903 new jobs were created in this sector, compared to 332,403 new jobs in the 1st quarter of 2015; this signifies a 74.8% decrease between the two periods...
Job Creation Survey, 1st Quarter 2015
In the first quarter of 2015, the total number of jobs created in the economy was 469,070 jobs, this is an increase of 26.95% (99,585) over the number of jobs in the preceding quarter and 94.7% more than the total number of jobs recorded in the same period of 2014. In the formal sector, 130,941 new jobs were generated, representing 27.92% of total jobs generated in the first quarter of 2015. This is a decline of 5.13% (7,085) when compared to the fourth quarter of 2014 but a 72.3% increase when compared to the same period in 2014.
There was also a 30.5% (1,339) increase in the number of jobs created in the public sector of the economy, making it 5,726 new jobs generated in the public sector. In the 1st quarter of 2015, the jobs generated in the public sector represent 1.2% of the total jobs generated during the reference period. Under informal jobs, which typically consists of jobs generated by individuals or businesses employing less than 10 or those businesses operating with little or no structures e.g. those in Agriculture and Wholesale and Retail Trade. In the first quarter of 2015, 332,403 new jobs were created in this sector, compared to the 227,072 new jobs in the 4th quarter of 2014; this signifies a 46.39% increase between the two periods. This sharp increase is very much expected, given the numerous informal economic activities that come up during the election period...
Labour Productivity In Nigeria (Q3 2015), A Short Analysis
With nominal GDP in Q3 2015 rising year on year by 6.02% (2.84% real GDP) and recording nominal growth of 6.36% on a quarter on quarter nominal basis (9.19% real GDP) in the presence of a rise in number of hours worked in the quarter by 1.16%, labour productivity grew by 5.4%. Accordingly, Nigerian workers produced 6.36% more in nominal output in Q3 2015 compared to Q2 2015 by increasing number of working hours by just 1.16% in Q3 over Q2 2015.
Given seasonality and its effects in Nigeria on output and labour hours however, we are cautious not to draw cause‐effect relationships and make other inferences from this rise in labour force productivity in Naira terms but slower growth in labour productivity in Q3 2015 until full year 2015...
Labour Productivity Report Q4 2015
Q4 2015 was the first quarter in the period under review to experience a drop in Labour Productivity. The decline in labour productivity in Q4 could be attributed to several factors, such as the prevalent petrol scarcity, low investment and government spending, and the decline in power generation during the quarter. A combination of these factors contributed to the lower utilisation of available labour capacity recorded during the quarter.
The number of working hours increased over the quarter by 15.9% and 6.6% increase in nominal GDP, compared to a 1.2% increase in working hours between Q2 and Q3 2015 and a similar level increase in nominal GDP of 6.4% between Q2 and Q3 2015. While there was a quarterly decline in labour productivity, it is worth noting that year on year, there was a 12.3% increase, which is the second highest year on year increase in labour productivity over the last 5 years...
Job Creation Report Q3 2015
This Summary Table contains the latest estimates for jobs created in the Nigerian economy for the Third Quarter of 2015. These estimates are the results of the Quarterly Job Creation Survey commissioned by the National Bureau of Statistics (NBS) since 2012 in collaboration with the Office of the Chief Economic Adviser to the President and the Federal Ministry of Labour & Productivity. The objective of the quarterly survey is to track the number of jobs being created in the economy within a given period of time, provide multi-sectoral and policy relevant data on the employment-generating sectors, seasonality in employment and the labour market...
Labour Productivity In Nigeria (Q2 2015), A Short Analysis
With nominal GDP rising year on year by 5.17% (2.35% real GDP) and recording flat nominal growth of 0.09% on a quarter on quarter nominal basis by 0.09% (0.03% real GDP) in the presence of a reduction of number of hours worked in the quarter by ‐0.7%, labour productivity grew by 9.1%. Accordingly, Nigerian workers produced almost the same level of nominal output in Q2 2015 as Q1 2015 but with working 0.7% less hours resulting in a 9% improvement in labour productivity.
Given seasonality and its effects in Nigeria on output and labour hours however, we are cautious not to draw cause‐effect relationships and make other inferences from this rise in labour force productivity in Q2 2015 until full year 2015...
Labour Productivity In Nigeria (Q1 2015), A Short Analysis
The results of the brief analysis reported here show that Nigeria has relatively low labour productivity despite several years of stable and high economic growth. Further growth in labour productivity however, appears to continuously be constrained by the high level of unemployment and underemployment and its expansion as well as the low skill and income requirements associated with it. Lastly, compared to other emerging economies, Nigeria’s labour productivity levels are considerably lower.
Possible areas of interest therefore will relate to improving the unemployment situation in the country by improving the opportunities for more businesses to start, grow and employ labour. In addition, it is necessary to improve the quality of education and training of workers for higher productivity. Lastly, further methodological refinements on the approaches to determining factor productivities for the Nigerian economy are necessary...
Millennium Development Goals Performance Tracking Survey 2015 Report
As the 2015 deadline for the Millennium Development Goals (MDGs) approaches, the United Nations and the international community at large have started work on a new development framework. Equally as important to drafting a new development framework, is the need to assess the impact and effectiveness of the MDGs on the lives of people. In the year 2000, over 148 countries signed up to the Millennium Declaration, which articulated a bold vision and established concrete targets for improving and saving the lives of those threatened by diseases and hunger.
Many countries, particularly in Sub-Sahara Africa have seen important progress across all goals, though uneven. In Nigeria, this has been no different as results from the MDGs Performance Tracking Survey in 2012 indicate that Goal 3. Gender Parity has already been achieved ahead of the 2015 deadline; while Goals 4 and 5 have strong prospects of being met by 2015. The importance of using statistical data to corroborate progress or otherwise in the MDGs cannot be over emphasized. Though this critical role of data in monitoring the implementation and progress of the MDGs was not acknowledged at the inception, it is now being increasingly recognized and supported.It is in recognition of this important role of data and in demonstration of the commitment of the federal government to meeting the targets of the MDGs, that National Bureau of Statistics (NBS) commissioned the 2014 MDGs Performance Tracking Survey. This is the second round of the survey and it is designed to generate specific indicators to monitor progress of the MDGs across the goals. These findings will also help policy makers identify gaps and challenges to the realization of the goals and proffer solutions to ultimately achieve a successful completion of the MDGs targets by 2015. The survey generated several indicators across seven of the eight MDG goals to track progress...
Nigeria Online Recruitment Report Q4 2015
Of the 150,498 active applicants for which education information is available, the majority, 65.07% had a degree, and a further 11.52% had higher degrees (MBBS, MBA/MSc or MPHIL/Phd). In addition, a further 15.34% have Higher National Diplomas (HNDs), which means that over 90% of applicants were educated above secondary school levels. Only 1.17% listed S.S.C.E as their highest educational achievement.
Examining the level of education within each age group reveals that older applicants are more likely to be educated to degree level or higher. Only 2.4% of applicants under 20 years of age were educated to above degree level, perhaps unsurprising given the length of time it takes to obtain this level of education. For applicants above 50 years old this figure rises to 45.2%; nearly half of applicants within this age bracket have a higher qualification than a degree.
In contrast with the period considered in the previous Online Recruitment report (active applicants as of October 15th 2015) there is a clear divide between those aged above and below 20 years old. Within the latter group, only 22.34% of applicants were educated to degree level or higher. For those above 20 years of age, 76.69% were educated to degree level or higher...
NBS Online Recruitment Report (2015)
The majority of applicants on Jobberman were well educated, with 64% having a degree, and 76% having a degree or higher (including MBBS, MBA, MSc and MPhil/PHD). In addition, another 15% had a Higher National Diploma, indicating that nearly all applicants on Jobberman were educated above secondary school level. No applicants were listed as not having any education, and only 1% had the S.S.C.E as their highest educational certification. However another 1% listed “other”.
The split between educational levels is not particularly different between age groups, although those in the sample who are above 30 more likely to be educated higher than degree level. The amount of people who are educated to less than degree level does not change significantly between age groups for those older than 30, the increase in those educated to higher than degree level comes from the group who had degrees. Figure 9 shows how the percentage of applicants at different education levels differs among age brackets...
Unemployment Underemployment Report Q4 2015
The economically active population or working age population (persons within ages 15 and 64) increased from 104.3 million in Q3 2015 to 105.02 million in Q4 2015, this represents a 0.68% increase over the previous quarter and a 3.2% increase when compared to Q4 2014.
In Q4 2015, the labour force population (i.e those within the working age population willing, able and actively looking for work) increased to 76.96 million from 75.94million in Q3 2015, representing an increase of 1.34% in the labour force during the quarter. This means 1.02 million persons in the economically active population entered the labour force, that is individuals that were able, willing and actively looking for work. This increase was the highest quarterly jump in the labour force population during the year 2015. However, within the reference period, the total number of person in full time employment (did any form of work for at least 40hours) decreased by 710,693 or 1.29% when compared to the previous quarter, and but increased by 607,135 or 1.13% when compared to Q4 of 2014...
Unemployment Underemployment Watch Q3 2015
The economically active population or working age population (persons within ages 15‐64) increased from 102.8 million in Q1 2015 to 103.5 million in Q2 2015 and 104.3 milion in Q3 2015.
In Q3 2015, the labour force population (i.e those within the working age population willing, able and actively looking for work) increased to 75.9 million from 74 million in Q2 2015, representing in an increase in the labour force by 2.60%. This means 1,929,800 economically active persons within 15‐64 entered the labour force i.e. were able and willing and actively looking for work between July 1 and September 30 2015. This consisted of newly qualified graduates, new entrants into the economically active population (became 15 in Q3 2015) actively seeking work and previous members of the economically active population that choose not to work for whatever reasons in earlier periods (number of those not willing to work in the economically active population declined to 28.3 million in Q3 2015 from 29.5 million in Q2 2015 meaning about 1.3 mn people in the working age population that choose not to work in Q3 decided to work in Q3 2015 thereby adding to the labour force)...
Unemployment Underemployment Watch Q2 2015
The economically active population or working age population (persons within ages 15‐64) increased from 102.8 million in Q1 2015 to 103.5 million in Q2 2015.
In Q2 2015, the labour force population (i.e those within the working age population willing, able and actively looking for work) increased to 74 million from 73.4 million in Q1 2015, representing in an increase in the labour force by 0.81%. This means 574,498 economically active persons within 15‐64 entered the labour force i.e. were able and willing and actively looking for work between April 1 and June 30 2015. Within the same period, the total number in full employment (did something for at least 40 hours) decreased by 1,317,700 or ‐2.37%. (A drop in number of full employment i.e those working less than 40 hours despite a rise in the labour force can be attributed more to job losses or previously fully employed persons choosing or being forced to work part time or in underemployment).
With an economically active or working age population of 103.5 mn and labour force population of 74 mn, this means 29.5 mn persons within the economically active or working age population decided not to work for various reasons in Q2 2015 compared to 29.3 mn in Q1 2015...
Unemployment Underemployment Watch Q1 2015
In Q1 2015, the labour force population increased to 73.4 million from 72.9 million in Q4 2014, representing in an increase in the labour force by 0.69%. This means 504,596 economically active persons within 15‐64 entered the labour force i.e. were able and willing and actively looking for work between January 1 and March 31 2015.
Within the same period, the total number in full employment (did something for at least 40 hours) increased by 0.88%. The number of underemployed in the labour force during the review quarter however, declined by 6.46% resulting in a reduction in the underemployment rate to 16.6% (12.2 mn) from 17.9% (13.1 mn) in Q4 2014. The number of unemployed in the labour force, on the other hand increased by 861,110 persons or 18.43% between Q4 2014 and Q1 2015 resulting in an increase in the unemployment rate to 7.5% in Q1 2015 from 6.4% in Q4 2015. Accordingly there were a total of 17.7 million people between ages 15‐65 either unemployed or underemployed in the labour force in Q1 2015.
The fact that the number of people that became unemployed (861,110 people) in the first quarter 2015 exceed the number of people that entered the labour force within the same period (504,596 persons) is an indication that some persons previously working in full employment lost their jobs while others previously underemployed and doing temporary, or part time work ended whatever they were doing and accordingly now didn’t have anything to do for at least 20 hours a week during the reference period. Evidence of the latter case may be seen in the drop in the underemployment rate and simultaneous rise in unemployment analysed below...
