Unemployment is one of the major issues affecting nigerias economy and its society. Pdf causes, effects and solutions to youth unemployment. Therefore, a research on the causes of unemployment among university graduates in kenya. Unemployment in nigeria is a major problem both economically and socially. The major causes of unemployment is mostly corruption and lack of adequate power supply. The unemployment is made worse by a large youth population, weak national labor markets and persistent poverty in the countries. Whether government has done enough on their part with regards to provision to infrastructural facilities 147 4. A study on the causes of unemployment among university. The data for this paper was collected from secondary sources using. Unemployment in nigeria has resulted in more and more people who do not have purchasing power. Unemployment convergence among the 36 states in nigeria.
Elite manipulation of ethnicity and religious differences. Causes, effects and solutions to youth unemployment problems in. There are many reasons for unemployment, underemployment, and underpayment in an economy. Unemployment causes i am going to offer my theory as to the real cause of unemployment, for every cause there is an effect. Unemployment in africa has a geographic dimensions, it is generally greater. In most african countries, unemployment and underemployment among especially youths have continued to rise. Analysis of the causes and effects of unemployment in nigeria towards a solution. Unemployment in nigeria causes effects and solutions free essays. Lets talk about the causes, effects and possible solutions to unemployment in nigeria. Economic growth and the unemployment rate congressional research service summary a persistently high unemployment rate is of concern to congress for a variety of reasons, including its negative consequences for the economic wellbeing of individuals and its impact on the federal budget. Immediate and remote causes of high labour turnover 146 4.
What is the causes and solution to unemployment in nigeria is often a leading question among policy makers. What was noticeable as at then was a temporarily gap between searching for job by graduates and. Ineffective leadership and corruption, over reliance on oil, inflation, unemployment, government policy, monetary policies, inadequate. Unemployment, economic development, causes and consequences, way forward. The simple solution to unemployment in nigeria is investment in skills. The rate of unemployment has increased during last few years due the fallout from the economic challenges. Pdf analysis of the causes and effects of unemployment in. Top ten major causes of unemployment in nigeria and solutions nigeria is country blessed with a lot of resources, both natural and human. There are many reasons why people are unemployed, but in turn this state of unemployment can cause one to experience. Causes and effects of graduate unemployment on the nigerian. Cyclical unemployment formula natural unemployment ratecurrent unemployment rate. Unemployment is one of the major issues affecting nigeria s economy and its society.
Unemployment is a great problem associated with both rural and urban communities of the nigeria economy it results to the following problems to nigeria. Unemployment in nigeria international journal of economics. The effect of unemployment in nigeria youth and his causes. The unemployed constituted available book for political troubles shooters in a country. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labour force. A look at the main causes of unemployment including demand deficient, structural, frictional and real wage unemployment. Causes, effects and solutions to youth unemployment problems. An idle mind they say is the devils workshop, and as a. The causes and effect of unemployment in nigeria myproject. Effect of youth unemployment in nigeria internet archive. Jan, 2020 the current real unemployment rate is about double the official unemployment rate, designated as u3.
An essential factor that works towards alleviating poverty and reducing the rate of unemployment in any country, is a strong and viable economy. Nigeria has a very high rate of unemployment and the rate keeps growing everyday. The causes of unemployment could be many and could also be averted. Overeducated and underemployed underemployment has a more adverse effect on those with college or postgraduate degrees.
And unemployment causes social problems that affect socioeconomic development. Causes, consequences and remediable approaches longe, olukayode ph. Cause and effect of youth unemployment in nigeria sociology. Cause and effect of youth unemployment in nigeria with abstract, chapter 15, references and questionnaire. Get free research paper on impact of population growth on unemployment in nigeria. These include the national directorate of employment nde, an agency of. The term unemployment is used to describe anyone who is able to work, but doesnt have an occupation. This huge figure implies that the rate of unemployment is really high. Unemployment has become a major problem and causes that has being bedeviling the lives of nigerian youths, causing mayhem like increased militancy, arm robbery, kidnappings violent crimes, restiveness and some many social vices. This is one of the major reasons why many nigerian youths have picked up kidnapping as an avenue to generate money which they will use to establish. The rate at which unemployed graduates roam the street after the national youth service constitutes social malice to the country as a whole. Unemployment in nigeria is defined as the proportion of labour force that. A case study of egor local government area of edo state, nigeria abstract this project work is on the causes and effects of unemployment in nigerian economy.
Many of those who leave the workforce unwillingly do not have the resources for a. Manpower is not part of the major problems responsible for unemployment in nigeria but it might have some little effect on it. It will bring to light various factors contributing to unemployment thus providing probable instrument to policy makers. The impact of unemployment on economic growth includes. This paper has covered in detail the causes of unemployment, the effect it has on the family and the actions the family takes to deal with unemployment.
Nov 25, 2019 a look at the main causes of unemployment including demand deficient, structural, frictional and real wage unemployment. What are the effects of unemployment among the youths in mogadishu. Economic growth and the unemployment rate congressional research service 2 states that real gdp growth about equal to the rate of potential output growth usually is required to maintain a stable unemployment rate. It will bring to light various factors contributing to unemployment thus. Oct, 2010 this is one of the primary causes of unemployment and poverty in nigeria. The effects of unemployment in nigeria are farreaching and cannot be swept under the carpet as they stare us in the face, daring us to do something about it. Unemployment in nigeria is one of the critical and major problem the country faces in its present years. Youth unemployment in uganda is one of the highest in africa actionaid, 2012. Underemployment occurs when workers jobs dont use all their skills, education, or availability to work. Unemployment occurs when a person who is actively searching for employment is unable to find work. The most frequent measure of unemployment is the unemployment rate, which is the number of unemployed people divided by the number of people in the labor force.
This project work is on the causes and effects of unemployment in nigeria economy. Causes and solution to unemployment in nigeria mensch mind. This has actually contributed to numbers of societal malaises among nigerians and can be traced to the malfeasances of all the governments that have been ruling nigeria since independence. The purpose of the study is to find out the effects of youth unemployment in mogadishu. The rate at which unemployed graduates roam the street after. Abstract the study explored the phenomenon of graduate unemployment as well as its causal factors, consequences and remedies in nigeria. Pdf impact of unemployment on nigerian economic development. That all about history of poverty in nigeria causes, effects, and. Ethnic and religious conflicts arise from mutual suspicion and distrust among various ethnic groups and among the major religions in the country. This is unemployment caused by the time people take to move between jobs, e. The purpose of this paper is to look into the causes, effects and solutions to youth unemployment problems in nigeria. It is generally stated as a percentage and calculated by dividing the number of people who. The findings revealed that unemployment in nigeria among youths are caused by six major problems and six major effects which has created. Youth joblessness and unemployment is one of the root cause of the high number of kidnapping cases in nigeria.
It is sad, however, that her resources are not put to efficient use. Unemployment in nigeria causes effects and solutions free. The social effect of unemployment brings to light the need to proffer possible solution to salvage our nation nigeria 1. The causes and effects of unemployment on the nigerian economy includes abstract and chapter one, complete project material available the causes and effects of unemployment on the nigerian economy. Causes, effects and solutions to youth unemployment. According to the organization for economic cooperation and development, there are two types of underemployment. A case study of egor local government area of edo state, nigeria abstract this project work is on the causes. Unemployment represents the number of people in the work force who want to work but do not have a job. Unemployment is one of the most common and chronic problems worldwide.
Studies show that unemployment in nigeria was not a serious problem before and after the civil war 19671970, 10,11. Impact of unemployment on nigeria economic growth 19812017 pdf. It takes place during periods of economic contraction or during the time of slow economic growth. Impact of unemployment on economic growth of nigeria. There will always be some frictional unemployment in an economy because the. Below are da few different reasons one could point out, almost at a glance, as to why this is so.
It is a concern for individuals as well as global communities. Oct 05, 2016 it is important for the state to intervene and reduce cases of unemployment because of its cyclical nature. Causes, effects, solution and rate of unemployment in nigeria the causes of unemployment are practically what happen in all sectors. The vicious cycle of poverty that mainly happened is all due to youths unemployment which approximately over 64 million youths are unemployed and 1. Also, the findings revealed that unemployment in nigeria increased from 21. This paper discusses the challenges of nigerias economy problems, causes and the way forward. It is unemployment which results if the overall demand for goods and services in an economy cant support full employment. Unemployment is the one constant throughout history. When considering the causes of unemployment we look at the economic condition and demography of the country. Unemployment is often used as a measure of the health of the economy. Despite changing technology, the underlying principles of why unemployment occurs remain the same. May 01, 2018 poverty has a prevalent and epidemic issue in nigeria, it was thoroughly discussed, analyzed and how possibly to eradicate poverty and also cushion he effect of existing poverty in the nation, it is a topic well researched with facts and figure, sit back and read through.
Causes and effects of graduate unemployment on the. The objectives of the study are to examine the effects of unemployment on the nigerian gdp for the selected years, to observe the kind of association that. The study will find out answers to the following research questions. Several ad hoc policies and programmes aimed at reducing the rate of unemployment in nigeria have been implemented over the past years with minimal effect. The process of cause and effect its hard to live a normal healthy life without a job and money. Unemployment is generally said to occur when a person actively searching for a job is unable to find it.
It is significant because it will look into the cause and effect of youth unemployment in egor local government in south nigeria providing visible solutions to unemployment in that area. There are several causes of conflict and insecurity in nigeria. From 2011 to 20 there is an increase of 16% unemployment growth rate in nigeria. Nigeria has been going through a lot of economic problems in the recent years. Causes of unemployment in nigeria there have be en several researches on unemployment and its causes in developing countries, e specially nigeria.
The three main causes of unemployment are economic conditions, new technology, and increasing populations. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. It has made many young university graduates demoralized. The financial, budgetary and economic effects of unemployment are profound. This is one of the primary causes of unemployment and poverty in nigeria.
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