23.18m Nigerians now jobless as unemployment rate rises to 33.3% – NBS

Nigeria’s unemployment rate has increased to 33.3 percent in fourth quarter (Q4) 2020 from 27.1 recorded in second quarter (Q2) 2020. The new figure is a new record high according to data from the National Bureau of Statistics (NBS).

“In the case of unemployment by state, Imo State recorded the highest rate of unemployment with 56.64%. This was followed by Adamawa with 54.89% and Cross Rivers State with 53.65%. The States with the lowest rates were Osun, Benue and Zamfara States with 11.65%, 11.98% and 12.99% respectively. In the case of underemployment, Benue State recorded the highest rate with 43.52%, followed by Zamfara and Jigawa States with 41.73% and 41.29% respectively,” the report said.