Nigerian Bureau of Statistics to Publish New Unemployment Data in May
The National Bureau of Statistics has said it will publish current unemployment and employment data for Nigeria by May 2023.
It disclosed this in a report titled ‘Nigeria Labour Force Framework Re-design 2023’.
The NBS noted that the report will cover data collected from October 19, 2022, to January 22, 2023.
“Status of the NLFS: Data collection for 2022/2023 is ongoing beginning from 19th October 2022,” the report said, adding that data collection for the “reference quarter is almost concluded and will be published before the end of May 2023.”
The NBS noted that, despite the challenges faced in gathering data for the report, it was learning from other countries to improve Nigeria’s labour market statistics.
“Even though collecting high-quality labour market data is among the most difficult tasks that statistical offices around the world face, the NBS has risen to the challenge.”
Presently, unemployment in Nigeria is placed at 33.3%, underemployment, 22.8% and youth employment is placed at 42.5% respectively, according to the NBS.
NBS/Hauwa Abu
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