• About Us
  • Privacy Policy
  • Contact Us
PEOPLE'S PEN 24
  • Home
  • News
    • All
    • International
    • National
    fubara

    JUST IN Rivers Crisis: “Fubara Came To My Residence With 2 Govs”Wike

    download (76)

    Saraki Chairs PDP Reconciliation Committee

    WhatsApp Image 2025 05 12 at 00.41.29

    Murtala Garo’s Elder Brother, Abubakar Passes Away

    download (75)

    ASUU Elects New President

    images

    Matawalle: The Inertia of the Saddest Minds 

    IMG 20250511 WA0105

    AA Zaura Foundation Partners Ulamas To Addressing Political Thuggery, Drug Abuse In Kano

    Trending Tags

    • kano market
    • Edo election
    • Electricity
    • Dollars
    • President Tinubu
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter
No Result
View All Result
  • Home
  • News
    • All
    • International
    • National
    fubara

    JUST IN Rivers Crisis: “Fubara Came To My Residence With 2 Govs”Wike

    download (76)

    Saraki Chairs PDP Reconciliation Committee

    WhatsApp Image 2025 05 12 at 00.41.29

    Murtala Garo’s Elder Brother, Abubakar Passes Away

    download (75)

    ASUU Elects New President

    images

    Matawalle: The Inertia of the Saddest Minds 

    IMG 20250511 WA0105

    AA Zaura Foundation Partners Ulamas To Addressing Political Thuggery, Drug Abuse In Kano

    Trending Tags

    • kano market
    • Edo election
    • Electricity
    • Dollars
    • President Tinubu
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter
No Result
View All Result
PEOPLE'S PEN 24
No Result
View All Result
Home News

Nigeria’s Unemployment Rate Rises By 0.8% In Q3’23

Editor by Editor
February 19, 2024
in News
0
0
images 2024 02 19T144813.609

Nigeria’s Unemployment Rate Rises By 0.8% In Q3’23

0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Nigeria’s unemployment rate increased significantly in the third quarter of 2023, rising by 0.8% from Q2 2023, the National Bureau of Statistics (NBS) has said.

In its ‘Nigeria Labour Force Survey Q3 2023’ report published on Monday, the NBS said the country’s unemployment rate rose sharply from the 4.2% recorded in Q2 2023 to 5.0% in Q3 2023.

The NBS said the labour force participation rate among the working-age population declined to 79.5% in Q3 2023 compared to 80.4% in Q2 2023.

Giving a breakdown of the statistics, the Bureau said, “The employment-to-population ratio was 75.6% in Q3 2023 with a decrease of 1.5% compared to a ratio of Q2 2023.

“The combined rate of unemployment and time-related underemployment as a share of the labour force population (LU2) increased to 17.3% in Q3 2023 from 15.5% in Q2 2023.

About 87.3% of workers were self-employed in Q3 2023.

“The proportion of workers in Wage Employment in Q3 2023 was 12.7%.

“The unemployment rate increased significantly in Q3 2023 at 5.0%. This is an increase of 0.8% from Q2 2023.

“The rate of unemployment among persons with post-secondary education was 7.8% in Q3 2023.”

The NBS said unemployment rate among youth aged (15-24 years) was 8.6% in Q3 2023, recording an ncrease of 1.4% compared to Q2 2023.

“The unemployment rate in urban areas was 6.0% in Q3 2023, a slight increase of 0.1% from Q2 2023.

“Time-related underemployment in Q3 2023 was 12.3%, showing a slight increase of 0.5% from the rate recorded in Q2 2023. This shows an increase of 1.4% compared to the rate in Q4 2022.

“4.1% of the working-age population was in subsistence agriculture in Q3 2023.

Informal employment rate in Q3 2023 was 92.3%, while Q2 2023 was 92.7%.

Percentage of youth Not in Employment, Education or Training (NEET Rate) was 13.7% in Q3 2023,” the report added.

Tags: NBSUnemployment rate
Previous Post

Prices of Cement Will Fall in 30 Days Time” CEPAN Chairman

Next Post

Katsina Assembly Honours NAN Correspondent, Others

Next Post
Katsina Assembly 720x430

Katsina Assembly Honours NAN Correspondent, Others

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
APC National Chairman, Dr. Abdullahi Umar Ganduje

Ganduje’s Strategic Leadership Positions APC for 2027 Victory

March 4, 2025
495840469 4047623688852918 293803683686153039 n

Ganduje Offers Permanent and Pensionable Employment to 20 Youth from Kano LGAs

May 7, 2025
NAFDAC

Again, Court Tells NAFDAC, PCN To Vacate Patent Medicine Premises in Kano

April 19, 2024
IMG 20240423 WA0021

Kano Patent Medicine Dealers Rejects Dangwaro, Relocate Business To Dalar Gyada Complex

April 23, 2024
Professor Isaq Oloyede, Registrar JAMB

UTME 2024: No Plan to Increase Registration Fee, Jamb says

0
Minister of FCT, Nyesom Wike

Wike Approves N13. 1 bn to Finance Education in FCT

0
Akpabio Declares Umahi, Giadam's, seats vacant

Akpabio Declares Umahi, Giadam’s, seats vacant

0

Kano Guber: Accept Supreme Court Verdict, NAKSS tasks NNPP, APC

0
Abba Kabir Yusuf

Hamisu Dogon Nama Commends Governor Yusuf Over Educational Support

May 13, 2025
fubara

JUST IN Rivers Crisis: “Fubara Came To My Residence With 2 Govs”Wike

May 12, 2025
download (76)

Saraki Chairs PDP Reconciliation Committee

May 12, 2025
WhatsApp Image 2025 05 12 at 00.41.29

Murtala Garo’s Elder Brother, Abubakar Passes Away

May 12, 2025
Abba Kabir Yusuf

Hamisu Dogon Nama Commends Governor Yusuf Over Educational Support

May 13, 2025
fubara

JUST IN Rivers Crisis: “Fubara Came To My Residence With 2 Govs”Wike

May 12, 2025
download (76)

Saraki Chairs PDP Reconciliation Committee

May 12, 2025
WhatsApp Image 2025 05 12 at 00.41.29

Murtala Garo’s Elder Brother, Abubakar Passes Away

May 12, 2025
download (75)

ASUU Elects New President

May 12, 2025
images

Matawalle: The Inertia of the Saddest Minds 

May 11, 2025
Currency Converter
1,601.73
13 May · CurrencyRate · USD/NGN
CurrencyRate.Today
Check: 13 May 2025 07:05 UTC
Latest change: 13 May 2025 07:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
⚡You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀
CurrencyPrice
UAE Dirham 
UAE Dirham
3.673
Australian Dollar 
Australian Dollar
1.5588down
Brazilian Real 
Brazilian Real
5.6718up
Canadian Dollar 
Canadian Dollar
1.3963down
Chinese Yuan (offshore) 
Chinese Yuan (offshore)
7.1867down
Egyptian Pound 
Egyptian Pound
50.5down
Euro 
Euro
0.8998down
British Pound 
British Pound
0.7576down
Kuwaiti Dinar 
Kuwaiti Dinar
0.3076up
Nigerian Naira 
Nigerian Naira
1,601.73down
Russian Ruble 
Russian Ruble
80.9964down
South African Rand 
South African Rand
18.2414down
13 May · FX Source: CurrencyRate 
CurrencyRate.Today
Check: 13 May 2025 07:05 UTC
Latest change: 13 May 2025 07:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
⚡You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀
p24 logo

Peoples Pen24 is an online news platform hinges on breaking news and news analysis, issues, events, and development. We pay special focus on but not limited to development and innovation in Environment, Climate Change, Agribusiness, and regenerative agriculture, among other areas of interest.

Follow Us

Cloud Tags

Abba Kabir Yusuf (46) Abuja (19) Accident (12) APC (41) ASUU (14) Bandits (34) CBN (28) Dangote Refinery (16) EFCC (52) FG (31) Ganduje (27) Godswill Akpabio (13) Gov. Abba Kabir Yusuf (28) Hajj 2024 (19) Hajj 2025 (19) Hisbah (16) House of reps (17) IGP (21) INEC (12) JAMB (17) Kaduna (33) kano (225) Kano State (113) Kastina state (14) Kidnap (44) Kwara (14) lagos (19) Minimum wage (30) NAFDAC (18) Nahcon (45) NDLEA (25) Niger state (22) Nlc (37) Nnpcl (17) PDP (21) Police (25) presidency (13) President Bola Ahmed Tinubu (17) President Tinubu (127) Protest (14) Rivers state (20) Senate (16) Siminalayi Fubara (12) Sultan of Sokoto (13) Super eagles (25)

Recent News

Abba Kabir Yusuf

Hamisu Dogon Nama Commends Governor Yusuf Over Educational Support

May 13, 2025
fubara

JUST IN Rivers Crisis: “Fubara Came To My Residence With 2 Govs”Wike

May 12, 2025
download (76)

Saraki Chairs PDP Reconciliation Committee

May 12, 2025
  • About Us
  • Privacy Policy
  • Contact Us

© 2024 People's Pen 24 - Speaking for the people

No Result
View All Result
  • Home
  • News
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter

© 2024 People's Pen 24 - Speaking for the people

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

- Select Visibility -

    Notifications