Minister of Labour and Employment, Dr Chris Ngige
NBS set to publish Nigeria’s unemployment data by May
National Bureau of Statistics (NBS) has disclosed that it will publish the current unemployment and employment data for Nigeria by May 2023.
NBS which disclosed this in a report titled; ‘Nigeria Labour Force Framework Re-design 2023,’ further noted that the report will cover data collected from October 19, 2022, to January 22, 2023.
Presently, unemployment in Nigeria is placed at 33.3 per cent, underemployment, 22.8 per cent and youth employment is placed at 42.5 per cent respectively, according to the NBS.
“Status of the NLFS: Data collection for 2022/2023 is ongoing beginning from 19th October 2022,” the report said, adding that data collection for the “reference quarter is almost concluded and will be published before the end of May 2023.”
The NBS noted that, despite the challenges faced in gathering data for the report, it was learning from other countries to improve Nigeria’s labour market statistics.
“Even though collecting high-quality labour market data is among the most difficult tasks that statistical offices around the world face, the NBS has risen to the challenge,” NBS said in its report.
