JUST IN: Nigeria’s Unemployment Rate Drops to 4.3% in Q2 2024 – NBS
The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate was 4.3 percent in the second quarter (Q2) of 2024.
In a report on Monday, the NBS said the unemployment rate decreased compared to the 5.3 percent recorded in Q1 2024.
The NBS defined the unemployment rate as the share of the labour force (the combination of unemployed and employed people) who are not employed but actively searching and are available for work.
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