NPC Reels Out Another Outdated Statistics of High Unemployment * Says 164.4mn Nigerians Unemployed in 2011

The National Population Commission (NPC) released what it refers to as latest report of unemployment rising from 21.1 percent in 2010 to 23.9 percent in 2011.
Analysts are wondering how the figures of 2011 could help corporates or government in any form of planning as the year 2013 draws to an end.
If the trend continues, it then means that unemployment figures for 2013 will only be out in 2015.
The NPC, in the latest report on its website, said the nation’s economic growth  in 2011 did not translate into job creation.
It said, “Figures from the National Bureau of Statistics clearly illustrated the deep challenges in Nigeria’s labour market, where the nation’s rapid economic growth has not translated into effective job creation.
 “The NBS estimates that Nigeria’s population grew by 3.2 per cent in 2011, from 159.3 million people in 2010 to 164.4 million in 2011, reflecting rapid population growth. In 2011, Nigeria’s unemployment rose to 23.9 per cent compared with 21.1 per cent in 2010.”
It said the labour force swelled by 2.1 million to 67,256,090 people, with just 51,224,115 persons employed, leaving 16,074,205 people without work.
The NPC said the lack of sufficient jobs resulted in additional 2.1 million unemployed persons in 2011, up from 1.5 million unemployed people produced in 2010.

Leave a Reply

Your email address will not be published. Required fields are marked *