LAGOS LEADS OTHER STATES IN JOB CREATION

Date:

…Adds 740,146 Jobs In 12 Months, NBS Survey Reveals

A total of 740, 146 jobs were added in Lagos State between July 2017 and June 2018, a survey of the National Bureau of Statistics (NBS) as captured in its recently released report has revealed.

The feat of job creation recorded by Lagos, as shown in the NBS report, is the highest in the country.

According to the report, only nine States were able to reduce unemployment and underemployment rates between the third quarter of 2017 and the corresponding quarter in 2018.

The States include Lagos, Akwa Ibom, Enugu, Imo, Kaduna, Kogi, Nasarawa, Ondo and Rivers, while six States also recorded the highest gains in net full-time employment between Q3 2017 and Q2 2018.

READ ALSO  THE DANGER OF PLAYING POLITICS WITH THE SOOT

The said States are Lagos which added a total of 740,146 net full-time jobs; Rivers (235,438); Imo (197,147); Ondo (142,514); Enugu (122,333); and Kaduna (118,929).

According to the National Bureau of Statistics, people often move from state to state seeking job opportunities.

This, it said, could create a false impression of the status of States at a particular time by reducing the unemployment figures in some States and increasing it in other States.

“States with a higher propensity for women to be housewives or stay home husbands or that have negative attitudes to working tend to have lower unemployment rates, as they are not considered part of the labour force in the first place.

READ ALSO  The New face of CBN and it's Import Policy Excites Stakeholders

“These States tend to have a higher proportion of their economically active population outside the labour force thereby reducing the number looking for work and hence the number that can be unemployed,” the report read in part.

Also, out of the five States with highest unemployed population, Lagos State recorded the lowest rate of 14.6% during the period under reference.

spot_img

Share post:

Subscribe

Popular

More like this
Related

A Decade after Chibok, US assures Nigeria of continuous support to combat extremism

A Decade after Chibok, US assures Nigeria of continuous...

“Jide Kosoko is Hale, Hearty” – Associate Debunks Death Rumour

Veteran Actor, Prince Jide Kosoko is hale and hearty,...

Lagos Fire : Governor Sanwo-Olu shuts Lagos market after fire incident

Lagos State Governor, Babajide Sanwo-Olu, has closed down Dosunmu...

BBNAIJA: Phyna Rejects 13 Million, Insists On 1 BTC

Big Brother Naija Season 7 winner Josephina Otabor, aka...