A significant milestone has been reached in Saudi Arabia, as the female unemployment rate witnessed a sharp decline to 13.7% in the fourth quarter of 2023, according to official statistics released by the General Authority for Statistics.
Nigeria Records 27.1% Unemployment Rate - NBS
National Bureau of Statistics, NBS, Friday said that Nigeria’s unemployment rate rose to 27.1% in the second quarter of 2020.
“The unemployment rate during the reference period, Q2, 2020 was 27.1%, up from the 23.1% recorded in Q3, 2018....
Nigeria’s Shadow Economy
Organising the informal sector and harnessing its massive potential will significantly enhance government’s non-oil revenue drive
With the rising level of unemployment in the formal sector, the number of those seeking for opportunities in the informal sector has continued to swell.
In its latest...
...Declines to -0.36%
...Unemployment rate rises to 12.1%
Nigeria’s real Gross Domestic Product (GDP) growth rate declined to -0.36 per cent in the first quarter of this year (Q1 2016) compared to 2.11 per cent in Q4 of 2015, the National Bureau of Statistics (NBS) stated...