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Nigeria’s Unemployment rate hits 33.3%


Nigeria’s unemployment rate as of the end of 2020 rose to 33.3% from 27.1% recorded as of Q2 2020.

Underemployment rate decreased from 28.6% to 22.8%.
 
As of Q4 2020, 33.3% of the labour force in Nigeria or 23,187,389 persons either did nothing or worked for less than 20 hours a week.

more to follow…

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