Fresh unemployment rate in went up again, according to a report just released by the Nigerian Bureau of Statistics (NBS) on Monday.
The report showed that unemployment hit a new record high at 33.3 per cent in fourth quarter (Q4) 2020 from 27.1 recorded in second quarter (Q2) 2020 in the country.
The NBS stated in its report on ‘Labour force Statistics: Unemployment and underemployment report- Abridged labour force survey under COVID-19 (Q4, 2020) that this translates to 23.19 million unemployed people.
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