Young and unemployed in nigeria nigeria al jazeera. It is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the. Poverty nigeria is a country with almost 200 million people and approximately 500 ethnic. The respondents were selected using purposive sampling.
The boko haram insurgency revisited usman solomon ayegba department of political science, obafemi awolowo university, ileife, nigeria. From 2011 to 20 there is an increase of 16% unemployment growth. Similarly, the pull factors are the desire to better life, job. Using quantitative research method, data were collected from 360 abuja nigeria federal capital based professionals through a selfadministered questionnaire structured in line with the modified likert scale. Unemployment in nigeria looms large and its concomitant consequences are alarmingly daring, especially as youths are the worst hit. Rising unemployment and its consequences vanguard news. This has an impediment on growth and development of nigeria, mainly, many unemployed people roam about the street in search of employment or jobs in labour. Causes, effects, solution and rate of unemployment in nigeria. It is a situation where those who are willing and able to work cannot get a work to do. Population growth may become a severe problem for a country, which has a lack of natural resources to cater to the needs of its inhabitants. Get free research paper on impact of unemployment on economy of nigeriaour project topics and materials are suitable for students in nigeria with case studies. Some of these costs are difficult to value and measure, especially the longerterm social costs 1. According to the research, by the end of 2018, the population of nigeria will increase to 199,805,437 people.
For nigeria, it is a major catastrophe whose impacts we are already experiencing. Mar 18, 2017 rising unemployment and its consequences. Study of selected local government area in anambra state. This research will discuss in details the causes of poverty and unemployment in nigeria. The findings revealed that unemployment in nigeria among youths are caused by six major problems and six major effects which has created tension and hatred between the haves and have not, leading to communal clashes and the rise of such groups such as boko haram. In other words, unemployment in nigeria carries with it a number of attendant social, economic, political and psychological and security challenges. Causes, effects and solutions to youth unemployment.
Sociopolitical implications of youth unemployment on. Unemployment convergence among the 36 states in nigeria being. The study of unemployment is important to the policy makers, politicians, general public as well as graduates in nigeria. Causes and effects of graduate unemployment on the nigerian. Of all the major issues which people in the business field face, one of the biggest issues is unemployment the issue of unemployment is. When that many people are unemployed, the economy loses one of its key drivers of growth. The study examined the socioeconomic effects and the causes of youth unemployment in akwa ibom state. Of all the major issues which people in the business field face, one of the biggest issues is unemployment. The consequences for the economy also can be harmful if unemployment rises above 5% or 6%. The unemployment rate in nigeria is quite alarming, and the rate is increasing by the day.
Overall social consequences the personal and social costs of unemployment include severe financial hardship and poverty. Unemployment meaning, types, consequences and solutions. Causes of overpopulation in nigeria and its consequences. Table2 economic effect unemployment nigeria economy table from and nigerian growth worksheet.
Causes, effects and solutions to youth unemployment problems in. Several factors may be blamed for the prevalence of youth unemployment in nigeria. Impact of unemployment on nigeria economic growth 19812017 pdf. Apr, 2020 the consequences of unemployment for individuals are financially and often emotionally destructive. Less consumption has led to lower production and economic growth has been hampered. Causes of overpopulation in nigeria and its consequences legit. Generally, many researches have tried to work on this topic to see how unemployment can be reduced if not eradicate unemployment from nigeria economy. The bls reports this in its u3 report, a part of the monthly jobs report. Unemployment, consequences of unemployment, population, skills, poverty introduction pakistan is a developing country with a population of 184. Causes, consequences and remediable approaches longe, olukayode ph. Also, the findings revealed that unemployment in nigeria increased from 21. Unemployment convergence among the 36 states in nigeria introduction terrorism, kidnapping, armed robbery and the spate of bombings in nigeria of recent has brought to greater attention the challenge of unemployment in the country. It affects not just the unemployed person but also family members. A cursory look at the rush into lagos state by unemployed and unproductively engaged youths depicts the calamitous and outrageousness of the problem.
The study indicated that youth unemployment has many negative effects to the society, economy, family, and individuals. Due to the increasing unemployment rate in nigeria, there have been adverse effects on both the economy and the society. Adeta department of sociology ahmadu bello university zaria, nigeria. Pdf impact of unemployment on nigerian economic development. An analysis of the causes and consequences of unemployment in. The impact of boko haram insurgency on nigerian national security. A study of selected local government area in anambra state, nigeria. The nature, causes and consequences of cyber crime in tertiary institutions in zariakaduna state, nigeria. This post identifies the major factors responsible for the unemployment crisis in nigeria.
Impact of unemployment on nigerian economic development. Poverty and rising crime wave are consequences of this phenomenon. The majority of the unemployed experience a decline in their living standards and are worse off out of work. Sociopolitical implications of youth unemployment on nigeria. High unemployment causes less consumption of goods and services and less tax payments results in higher government borrowing requirements. An essential factor that works towards alleviating poverty and reducing the rate of unemployment in any country, is a strong and viable economy. Department of sociology faculty of the social sciences ekiti state university adoekiti, nigeria. The causes and effects of unemployment on the nigerian economy includes abstract and chapter one, complete project material available the causes and effects of unemployment on the nigerian economy. Causes and effects of graduate unemployment on the.
The performance rate, as well as the growth rate of the nigerian economy, is disappointingly low and the country owes a large percentage. Good answers will include adas analysis on the economic impact and also make a distinction between economic and social consequences. What is the guarantee that large army of unemployed. What was noticeable as at then was a temporarily gap between searching for job by graduates and.
The consequences of unemployment in nigeria includes. The nature, causes and consequences of cyber crime in. According to liolio 20, the successful recruitment of the people into the group. The issue of unemployment is a very serious one indeed, which cannot be tackled easily. Causes, effects and solutions to youth unemployment problems.
Reduction in the national output of goods and services. Africas most populous nation and largest economy has a youth unemployment problem. Urban unemployment has been regarded as one of the most challenging economic problems facing the nation. You will also find the economic consequences of high unemployment rate in the country. Unemployment rate in nigeria 2020 and its economic. According to mohammed the the hallmark of poverty and crimes in nigeria is the level of unemployment among its activeage citizens. But this paper believes that there is a link between unemployment, poverty and insecurity in nigeria, and adopts the frustrationaggression hypothesis as theoretical framework to explain and draw meaningful relationship between the variables. Pdf causes, effects and solutions to youth unemployment.
Also, people who were temporarily laid off and were waiting to be called back to that job are included in unemployment statistics. Unemployment in nigeria has resulted in more and more people who do not have purchasing power. The effects of unemployment in nigeria are farreaching and cannot be swept under the carpet as they stare us in the face, daring us to do something about it. The impact of unemployment on economic growth includes. Lack of regular electric power supply is the biggest cause of unemployment in nigeria.
If nigeria can tackle the high rate of unemployment in the country. Nigeria is not the only nation where cyber crimes are being perpetrated. Bureau of labor statistics as people who do not have a job, have actively looked for work in the past four weeks, and currently are available for work. The economical and psychological pressure of youth unemployment is disaster to both individual and society awogbenle and iwuamadi, 2010. Unemployment is a condition that occurs when a person who is actively searching for employment is unable to find one. Socioeconomic impact of graduate unemployment on nigeria and. The aim of this research work is to find out the effects of unemployment on nigeria economy.
From 2011 to 20 there is an increase of 16% unemployment growth rate in nigeria. In this article, we take a look at the determinants causes of urban unemployment in nigeria. This study adopts poverty theory to examine the threat of boko haram insurgency on nigerian national security. The impact of boko haram insurgency on nigerian national. Causes determinants of unemployment in nigeria research cyber. Unemployment is generally said to occur when a person actively searching for a job is unable to find it. Based on secondary data, the article revealed that unemployment in nigeria is partly responsible for the rising increase of poverty, disruption of oil production. On the average, youth unemployment rate in nigeria is. The findings revealed that unemployment in nigeria among youths are caused by six major problems and six major effects which has created. Exam questions quite often ask students to discuss some of the effects of a sustained rise in unemployment. The rate of unemployment in nigeria since 1973 has been growing in a geometric progression. Unemployment and poverty as sources and consequence of. Socioeconomic impact of unemployment on nigerias vision 20. Since getting a job in itself is such a tough task indeed, so many people are forced to stick with jobs they arent even happy doing.
Accepted 4 february, 2015 central to the discussion in this paper is the issue of the crisis of unemployment and extreme poverty. Persistently high unemployment create huge costs for individuals and for the economy as a whole. Implications of unemployment on nigerias sustainable development. This paper therefore looks at the problems of poverty and unemployment in the.
Unemployment in nigeria is a major problem both economically and socially. Chris ngige, minister of labour and employment, said this while declaring open a twoday workshop on. The deleterious effects on the nations economy and affected individuals are highly unquantifiable. A comparative analysis of the population and unemployment structure of three purposively selected and heavily populated countries in three different continents nigeria, china and usa were undertaken. Oct, 2010 unemployment in nigeria is a major problem both economically and socially. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. The study explored the phenomenon of graduate unemployment as well as its causal factors, consequences and remedies in nigeria. A case study of egor local government area of edo state, nigeria abstract this project work is on the causes and effects of unemployment. The impact of the unemployment is seen with the individuals and household curtailing the consumption drastically to meet financial obligation and factors like this have adverse impact on the whole economy.
In okuns 1962 study it was discovered that if gdp grows rapidly, the unemployment rate declines, if growth is very low or negative the unemployment rate rises, and if growth equals potential, the unemployment rate remains unchanged. Causes and consequences, way forward introduction as history would have it, nigeria as a nation has experienced several forms of economic, political and social unrest. Studies show that unemployment in nigeria was not a serious problem before and after the civil war 19671970, 10,11. Impact of unemployment on economic growth of nigeria. Here we are discussing about the different unemployment causes and effects. The causes of unemployment are practically what happen in all sectors. Unemployment convergence among the 36 states in nigeria. The issue of poverty and unemployment has continued to be a core subject matter in nigeria and other african countries alike. Talking of how lack of electricity has caused unemployment in nigeria, the matter is multifaceted. The unemployment rate in nigeria in this post, you will see the current rate of unemployment in nigeria. Jan 01, 2019 causes of urban unemployment in nigeria. Unemployment rate in nigeria 2020 and its economic consequences. The socioeconomic characteristics of respondents were described, the causes as well as the consequence of youth unemployment in the.
The causes and impacts of unemployment economics essay. Unemployment and poverty are both reflective and precipitants of plethora of. Abstract in nigeria today, numerous internet assisted crimes are committed daily in various forms such as identity theft. Unemployment also has social consequences as it increases the rate of crime. Some analysts mohammed 2012 have argued that the high rates of. This is a measure of the prevalence of unemployment. Alevel economics revision looking at causes and consequences of unemployment. The nature, causes and consequences of cyber crime in tertiary institutions in zariakaduna state, nigeria folashade b. In nigeria, nearly a quarter of the population is out of work. Methodology nigeria is a country in west africa with an estimated population of 170 million people, distributed as 51. Stress and health problems especially, suffered from those who are not employed, remained one of the economic consequences of unemployment, and when there is unemployment, the people suffer.
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