Effects of Unemployment in Nigeria. Due to the increasing unemployment rate in Nigeria, there have been adverse effects on both the economy and the society. The consequences of unemployment in Nigeria includes: Reduction in the national output of goods and services. Increased rural-urban migration. High level of poverty in Nigeria.
If the essence of this essay competition is for us, as youths, to do what we have written, then we won’t only say goodbye to youth unemployment but also olve the problem of drug trafficking to foreign countries (especially Asia and South America), prostitution by female Nigerian youths on the streets of Milan and Rome, illegal migration to European countries, pipeline vandalism, kidnapping.
The economic welfare of any country depends on the rate of the economic growth. There are several determinants or the factors for the economic development of a country like industrialization, agriculture, population, employment etc., one of the major indicator for the economic growth is employment rate, as it has an adverse impact on the whole economy.Unemployment Essay: 5 Writing Tips. 1. Narrow your topic. Unemployment is a complex concept and phenomenon. So, the first thing you should do before starting your essay is to narrow your topic. You can’t write an essay about unemployment in general.Viewing this from the perceptive of the recent events in the Middle East where unemployment and poverty among others played a key role in the uprising, one can only conclude that Nigeria’s unemployment poses a threat to its development, security and peaceful co-existence, being that Nigeria is made up of diverse entities from different cultural and religious backgrounds most of whom have.
In Nigeria, in 1985 the national unemployment rate estimated by the office of statistics was 4.3 percent of the labor force. The unemployment rate increased to 5.3 percent in 1986and 7.0 percent in 1987, before falling to 5.1 percent in 1988. This was as a result of measures taken under the SAP.
When people multiply, there raises the problems of unemployment and it becomes difficult for government to provide employment to a sufficient number of people. As a matter of principle it becomes the duty of government to provide employment to all as far as possible and we are blessed that our government is taking keen interest to solve this series problem of today.
Unemployment is one of the major challenges in Nigeria and does not need much explanation because it has broken the hearts of many citizens. People are pushed into corrupt practices because of the high unemployment rates. An unemployed citizen can indulge in corruption to make money and live better.
Unemployment Rate in Nigeria increased to 23.10 percent in the third quarter of 2018 from 22.70 percent in the second quarter of 2018. Unemployment Rate in Nigeria averaged 12.31 percent from 2006 until 2018, reaching an all time high of 23.10 percent in the third quarter of 2018 and a record low of 5.10 percent in the fourth quarter of 2010.
What is unemployment? If you are currently out of work, you certainly know what this is. But the government has a specific way of looking at unemployment, and you might actually not be considered.
Nigeria has a literacy rate of about 61.3% for the total population with the female literacy rate hovering around 50.4%. In other words, just about 50.4% of the total population of females above the age 15 can read and write in Nigeria today.
Statistics reveal that structural unemployment accounts more for the high levels of unemployment in the United States than cyclical unemployment. Structural unemployment arises due to technological or industrial changes in the employee’s area of specialization while cyclical unemployment arises due to demand for jobs going up and down, with the season of business such as peak and off-peak.
Unemployment is one of the most serious problems facing Nigeria like many other countries in the world. However, there is also a growing level of security challenges facing the country, which calls for serious concern. The rising level of unemployment in the country can be attributed for the increase in security challenges in the country. Many school leavers and employable adults are unable to.
Unemployment in Nigeria is a major problem both economically and socially. Unemployment in Nigeria has resulted in more and more people who do not have purchasing power. Less consumption has led to lower production and economic growth has been hampered. Unemployment also has social consequences as it increases the rate of crime.
The essay aims to discuss the three main reasons of unemployment in South Africa. In addition, it seeks to find out the solutions to prevent the progression of unemployment scenarios in the country. One of the main reasons is the political instability because there are numerous groups who are now influencing lawmakers to start creating a chaos within the legislative division of the country.
Graduate Unemployment in Nigeria: Causes, Consequences and Remediable Approaches Longe, Olukayode Ph.D. Department of Sociology Faculty of the Social Sciences Ekiti State University Ado-Ekiti, Nigeria. Abstract The study explored the phenomenon of graduate unemployment as well as its causal factors, consequences and remedies in Nigeria.