Breaking: 20.9 million Nigerians remain unemployed in 2018 third quarter

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Out of a total active labour force of 115.5million people in Nigeria, about 20.1 million people were unemployed in the third quarter of 2018, the National Bureau of Statistics, NBS, has said.

This was contained in a report on Labour Force Statistics in the third quarter of 2018 published on the bureau’s website on Wednesday.

The report, although, said of the “20.9 million persons classified as unemployed as at Q3 2018 11.1 million did some form of work but for too few hours a week (under 20 hours) to be officially classified as employed
while 9.7 million did absolutely nothing.”

Also, 18.21 million people were underemployed or part-time, as they worked for 20 to 39 hours a week, which is less than the 40 hours required to be classified among the workforce.

Fully employed persons increased to 69.54 million in third quarter of 2018 who worked at least 40 hours a week) increased from 51.1 million in Q3 2017 to 51.3 million in Q3, 2018.

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