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A Nigerian unemployed youth eloquently shares his views on the challenges faced by those seeking employment

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Source: Sahara TV
 

Olaleye Samson

October, 2016

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H&A - PET Roll Out Factsheet

June, 2017

  • Programme provides a Sustainable Solution ensuring that all successful Candidates are equipped to manage their own career transition and continued development, ultimately becoming Self-Reliant

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  • Training & delivery platform has been designed for ease of repeatability and reproducibility accommodating large scale implementation and roll out to groups of up to 50 individuals with Rapid Cycle Through Rates maintaining the integrity and quality of the content

Unemployment Rate & 'Time Related' Under-Employment Rate

June, 2017

With the Nigerian labour force population rising by a five year average of over 2.6 million annually, the economy needs to generate the same level of jobs annually just to hold the unemployment rate at the current level. 

  • Labour-saving technologies and the hiring of highskill workers in many countries are helping to drive innovation. Most of these jobs are in knowledge intensive sectors and, in most cases, require at least a college degree, so the demand for some low- and medium-skill workers has declined as have their respective incomes

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  • Conversely, demand for high-skill workers and their wages continue to rise. If these trends continue, developing countries will have very few high and medium-skill workers to fuel economic growth and far too many workers without the necessary education and skills to surpass the low-productivity trap; this will increase income inequality, pressure on the public sector and social tensions

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Unemployment & Under-Employment Trend

June, 2017

In the fourth quarter of 2016, Nigeria's economy, though showing signs of recovery, recorded its 4th consecutive quarter of negative growth, with the economy declining by    1.58 %. The constraints on productivity of labour and other factor inputs continues to put a drag on overall economic growth, this was further exacerbated in the fourth quarter of 2016.

  • By year end 2016 Unemployment     rose for the NINTH Consecutive time since Q4 2014

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  • In Q4 2014 Candidates with Secondary & Post Secondary educations represented:

- 55% of the Unemployed population

- 51% of the Under-Employed population

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Source: National Bureau of Statistics, Unemployment/Under‐Employment Report Q4 2016

Between Q1 - Q3, 2016:

 

  • 3.7 million people have entered the labour force with net jobs of 422,135 created within that period, giving a shortfall of 3.2 million for Q1-Q3 2016

 

  • This has resulted in a rise in the combined unemployment and underemployment levels from 29.2% (10.4% for unemployment alone) at the beginning of 2016 to    33.6% (13.9% for unemployment alone) by end of Q3 2016

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Source: National Bureau of Statistics, Job Creation Survey, 2nd and 3rd Quarters 2016

Application To Nigerian Universities

December, 2016

Displayed is the number of recorded applications to Nigerian Universities, by gender from 2013 to 2015, the data confirms:

  • A decline in applications over the surveyed period, from 1,738,810 in 2013 down to    1,475,600 in 2015

  • A decline of     263,210 applicants representing a decrease of    15.14 %

  • Male applicants down by    15.21 %

  • Female applicants down by    15.05 %

 

Source: National Bureau of Statistics, Social Statistics Report 2016

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