States with Highest Unemployment Rates in Nigeria

Below are the summarized List of States with Highest, Lowest Unemployment Rates in Nigeria released by the National Bureau of Statistics (NBS).

On Monday, March 15, the National Bureau of Statistics (NBS) released the Labor Force Statistics: Unemployment and Underemployment Report for the fourth quarter of 2020.

The report indicates that Nigeria’s unemployment rate jumped to 33.3% in the period under review. This implies that 23 million people are now actively jobless in Nigeria.

This piece lists the three most affected and three least affected states. States With Highest Unemployment Rate

1. Imo state (56.64%).
2. Adamawa state (54.89%)
3. Cross Rivers state (53.65%)

States With Lowest Unemployment Rate

1. Osun state (11.65%)
2. Benue (11.98%)
3. Zamfara (12.99%).

According to the report, Nigeria’s inflation rate rose by 17.33% on a year-on-year basis in February 2021, making it the highest in four years.

February’s inflation rate is 0.86% higher than the 16.47% the NBS reported in January 2021. Kogi, Ebonyi and Sokoto states recorded the highest inflation rate on a year-on-year basis, according to the NBS report.

Imo, Adamawa and Cross River states have the highest unemployment rates in Nigeria, according to NBS. Photo credits: @Govhopeuzodinma, @GovernorAUF, @senatorbenayade Source: Twitter

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