Current Unemployment Rate 2024 In Nigeria

Current Unemployment Rate 2024 In Nigeria. The maximum rate was 33.3 % and minimum was 5.1 %. The unemployment rate during the reference period, q2, 2020 was 27.1%, up from the 23.1% recorded in q3, 2018.

Nigeria’s unemployment rate surged to 5.0 per cent in the third quarter of 2023 from 4.2 per cent in the previous quarter, the latest labour force survey revealed on monday. The inflationary trends have raised nigeria’s interest rates by a combined 800 basis points from 18.75 percent last july to 26.75 percent as the central bank continues to deploy monetary tools to.