Macroeconomic Report & Economic Updates
April 11, 2016
Nigeria Economic Update (Issue 15)
Recent data on Nigerias labour market points to a
rise in the rate of unemployment and underemployment in 2015Q4. Specifically,
compared to 2015Q3, the rate of unemployment and underemployment rose to 10.4
per cent and 18.7 per cent from 9.9 percent and 17.4 percent respectively.
These statistics however masks the true situation of the youth employment in
Nigeria. Disaggregated data by age category shows that unemployment and
underemployment within the youth age category (15-24) was remarkably higher
than the national average, at 19 and 34.5 per cent respectively.
Related
The Budget, Fiscal Policy And Service Delivery
The
paper discusses the Macroeconomic impact of budget and its process and how to
achieve an efficient and timely budget cycle.
Nigeria Economic Chart Pack (2016H1)
The Nigeria Economic Chart Pack is a graphical display of relevant and periodic data to capture trends in the domestic economy. The report aims to illustrate the changes in economic trends with the aid of descriptive charts and a short note that describes the trend and drivers for the graphs.