427,000 Jobs created in third quarter 20I5, says NBS

The National Bureau of Statistics Quarter 3 report says around 427,000 new jobs were created nationwide while 1.9 million new entrants entered the labor market within the same period.

The report also indicated that the number of unemployed increased to make the unemployment rate 9.9 percent for the 3^rd quarter of 2015.

Other highlights of the report included a slight decrease in underemployment rates for those in the 18-24 age group.

It added that 49.6 percent of Nigerians in the labor force aged 15‐24 were either unemployed or underemployed in Q3 2015 compared to 48.7 percent in Q2 and 44.3 percent in Q1 2015, while another 29.3 percent aged 25‐34 were either unemployed or underemployed in Q3 2015 compared to 28.4 percent and 25.9 percent in Q2 and Q1 2015 respectively.


Read up: http://www.ngrguardiannews.com/2015/12/427000-jobs-created-in-third-quarter-20i5-says-nbs/