The study indicated that youth unemployment has many negative effects to the society, economy, family, and individuals. 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. Nwosa 2014 examined the impact of government purchases. They range from increases in government expenditure, giving industrialists tax. For the average nigerian youth that wants to venture into. Department of sociology faculty of the social sciences ekiti state university adoekiti, nigeria.
When considering the causes of unemployment we look at the economic condition and demography of the country. Analysis of the effect of unemployment on the economic growth of nigeria chima chidi iloabuchi abstract. The purpose of the study is to find out the effects of youth unemployment in mogadishu. Pdf effects of youth unemployment on socioeconomic. A qualitative study of the impact of unemployment in mazakhele kwazulunatal i declare that the above thesis is my own work and that all the sources i used or quoted have been indicated and acknowledged by means of complete references. The quarterly data was used for the estimation capturing the periods of 1981 through 2014. Unemployment has been regarded as global economic problem and has been tagged as a barricade to social and economic advancement especially in developing nations, nigeria inclusive. The research revealed that unemployment and poverty have direct link to security challenges in nigeria. Lets talk about the causes, effects and possible solutions to unemployment in nigeria. Unemployment has significant effect on the economic growth in nigeria. Youth unemployment is devastating to both the individual and the society as a whole both psychologically and economically. It takes place during periods of economic contraction or during the time of slow economic growth. The issue of poverty and unemployment has continued to be a core subject matter in nigeria and other african countries alike. A nexus and implications for national development anthony abayomi adebayo department of sociology, federal university oyeekiti, ekiti state, nigeria.
Generally, many researches have tried to work on this topic to see how unemployment can be reduced if not eradicate unemployment from nigeria economy. An idle mind they say is the devils workshop, and as a. The study of unemployment is important to the policy makers, politicians, general public as well as graduates in nigeria. On the average, youth unemployment rate in nigeria is estimated at 48. Analysis of the effect of unemployment on the economic.
Unemployment in nigeria international journal of economics. This thesis investigates the effects of unemployment and inflation on economic growth in nigeria between 19862012 through the application of ordinary least square ols technique in estimating the effects of unemployment and inflation on growth, augmented dickeyfuller test and phillip. Unemployment has no significant effect on economic growth in nigeria. This paper sought to estimate the impact of unemployment on the economic growth in nigeria, using time series data from 1999 to 2017. Top 7 effects of unemployment in nigeria research cyber. Cyclical unemployment formula natural unemployment ratecurrent unemployment rate. The effect of urbanization and unemployment on the nigerian economy quantity. Hence, the effects of various macroeconomic shocks depend on the exchange rate policy adopted by the country, it is therefore important to investigate the effects of exchange rate fluctuations on the nigeria economic growth and also the factors that influence exchange rate in nigeria.
The longterm effects of youth unemployment on later labor market outcomes are critical factors in the evaluation of government policies that affect the youth labor market. Reduction in the national output of goods and services. I hereby declare that this project impact of population growth on unemployment in nigeria is my original work and has not been submitted before to any institution either in part or in full for the award of any certificate. The paper examines the issue of youth unemployment and looks at potential. The effects of unemployment on national development in nigeria a case study of hadejia local government, jigawa state. This research will discuss in details the causes of poverty and unemployment in nigeria. The consequences of unemployment in nigeria includes. Please, sit back and study the below research material carefully. Facing the growing unemployment challenges in africa. Pdf causes, effects and solutions to youth unemployment.
Scope of the study the scope of this study is centred on the effect of unemployment on the nigerian economy, and it cover 1980 2010. Causes, consequences and remediable approaches longe, olukayode ph. Effects of youth unemployment on socioeconomic development in contemporary nigeria article pdf available may 2019 with 3,515 reads how we measure reads. Causes, effects and solutions to youth unemployment problems in. Download your complete project topics and materials. Uniprojects aim of providing impact of unemployment on nigerian economy project research material is to reduce the stress of moving from one school library to another all in the name of searching for impact of unemployment. Impact of unemployment on nigerian economy project material. From the high level of unemployment in nigeria, it is. The impact of unemployment on economic growth in nigeria. The rate at which unemployed graduates roam the street after the national youth service constitutes social malice to the country as a whole. Pdf impact of unemployment on nigerian economic development.
The study will find out answers to the following research questions. Nigeria is the largest country with black people on earth,there is no other place on earth with a larger concentrate of blacks than nigeria. His study underscores that unemployment and poverty are universal. Poverty nigeria is a country with almost 200 million people and approximately 500 ethnic. Economywatch, 2005 report that unemployment in nigeria is one of the. See below for the abstract, table of contents, list of figures, list of tables, list of appendices, list of abbreviations and chapter one. Sociopolitical implications of youth unemployment on. 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. The study underscores that unemployment and poverty are universal phenomena, not necessarily a peculiar characteristic of any particular segment of the society. Nigeria is currently facing a high unemployment rate and needs robust economic policies to curb unemployment and maintain sustainable growth. Unemployment is one of the major issues affecting nigerias economy and its society.
The effects of unemployment are both personal and national personal when savings are depleted while looking for a position and national when the total spending level in the economy is impacted. Pdf effect of youth unemployment in nigeria international. The rate of unemployment in nigeria is unimaginably growing amidst alarming economic recession while population growth is on the increase. Unemployment is a macro economic problem that affects individuals most differently and severely.
The unemployed constituted available book for political troubles shooters in a country. Economic effect of unemployment in the nigeria economy a. Impact of unemployment on nigerian economic development. A study of selected local government area in anambra state, nigeria. Tunji akande examines the factors contributing to its prevalence and policies that. Unemployment has become a major problem bedeviling the lives of nigerian youth, causing increased militancy, violent crimes, kidnappings, restiveness and socially delinquent behaviour. 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.
Revisiting the determinants of unemployment in nigeria. Sociopolitical implications of youth unemployment on nigeria. If not checked, this duo tyrant can pose devastating effects on the nations future economy. 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 tantamount to huge wastage of a countrys human resources, generates welfare loss in terms of social output, leads to low income and increases the. 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. The economical and psychological pressure of youth unemployment is disaster to both individual and society awogbenle and iwuamadi, 2010. Effects of unemployment and inflation on economic growth in. The findings revealed that unemployment in nigeria among youths are caused by six major problems and six major effects which has created.
The data used were sourced from the central bank of nigeria database and world bank data bank. That all about history of poverty in nigeria causes, effects, and. Effects of exchange rate fluctuations on economic growth of. The importance, how to, effect causes relationship, comparison, history, role, solutions are discussed. 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 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. Unemployment rate in nigeria 2020 and its economic. Also, the findings revealed that unemployment in nigeria increased from 21. Due to the increasing unemployment rate in nigeria, there have been adverse effects on both the economy and the society. Pdf the effects of unemployment on national development. Adverse impacts may take the form of lower levels of human capital, reduced wage rates and weakened labor force participation in the future. Cause and effect of youth unemployment in nigeria with abstract, chapter 15, references and questionnaire. The findings revealed that unemployment in nigeria among youths are caused by six major problems and six major effects which has created tension and hatred between the haves and have not, leading.
The data for this paper was collected from secondary sources using. Study of selected local government area in anambra state. Get free research paper on impact of population growth on unemployment in nigeria. Accepted 27 august, 20 crime is a phenomenon that is bedeviling various countries across the.
Hence, the researcher used qualitative method in the study. Unemployment and economic growth in nigeria in the 21st century. 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 is one of the major issues affecting nigeria s economy and its society. Causes, effects and solutions to youth unemployment problems. Causes, effects, solution and rate of unemployment in nigeria the causes of unemployment are practically what happen in all sectors.
A qualitative study of the impact of unemployment in. The rate of youth unemployment in nigeria is high, even at the period of economic normalcy i. The paper is of the highest import as it discourses one of the strategic phases of the nigerian economy and also bearing in mind that the country has been subjected to a slow growth rate and alarming unemployment rate. Effects of exchange rate fluctuations on economic growth.
Causes and effects of graduate unemployment on the nigerian. Causes, effects, solution and rate of unemployment in nigeria. Effect of unemployment in nigeria economy project topics. The study examined the socioeconomic effects and the causes of youth unemployment in akwa ibom state. Causes, effects and solutions to youth unemployment problems in nigeria. There are also studies on the effect of government expenditure on unemployment. Unemployment rate in nigeria 2019 nigeria s unemployment rate stood at 23. Unemployment and underemployment as indices of nigerian. The paper examined the dynamic effect of population growth on unemployment rate in nigeria. Does unemployment significantly impact on economic growth in.
The purpose of this paper is to look into the causes, effects and solutions to youth unemployment problems in nigeria. Dec 10, 2016 the most critical issue affecting nigeria and nigerians today is the issue of unemployment and subsequently the problem in the future of unemployment is with current levels of youth unemployment in nigeria bakare, 20bakare states that world bank statistical data list nigerias youth unemployment rate at 38% bakare, 20 but bakare. 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. The data for this paper was collected from secondary sources using descriptive approach of previous researches and analysis of scholars. It affects not just the unemployed person but also family members. Unemployment is generally said to occur when a person actively searching for a job is unable to find it. It is unemployment which results if the overall demand for goods and services in an economy cant support full employment. Okoyenebo et al 2014 while elaborating on the incidence of youth unemployment in nigeria, write that the unemployment situation in the country is so bad that university graduates stay at home for upwards of. Therefore this study seeks to investigate the impact of population growth on unemployment in nigeria. Impact of unemployment on nigerian economy project. Impact of unemployment on economic growth in nigeria. Unemployment rate in nigeria 2020 and its economic consequences. Causes and effects of graduate unemployment on the. Determinants of the rate of unemployment in nigeria munich.
It will bring to light various factors contributing to unemployment thus providing probable instrument to policy makers. This study investigates the impact of unemployment on economic growth in nigeria in the. Using agege local government of lagos state as a case study. The study revealed that, there were many causes of youth unemployment and that, social vices are also related to the effect of unemployment. The aim of this research work is to find out the effects of unemployment on nigeria economy. Download the complete political science project topic and material chapter 15 titled the effects of unemployment on national development in nigeria a case study of hadejia local government, jigawa state here on projects. Unemployment rate in nigeria 2019 nigerias unemployment rate stood at 23. Unemployment in nigeria is defined as the proportion of labour force that.
Causes, effects and solutions to youth unemployment. What are the effect s of unemployment among the youths in mogadishu. Abstract the study explored the phenomenon of graduate unemployment as well as its causal factors, consequences and remedies in nigeria. The government, however, has employed different policy measures to combat unemployment in order to encourage growth. The study also revealed that addressing youths unemployment will stem the tide of social vices and foster rapid development in nigeria. The social effect of unemployment brings to light the need to proffer possible solution to salvage our nation nigeria 1. Analysis of the effect of unemployment on the economic growth. Developed countries also encountered this problem of unemployment during the early stage of their development. This study investigated the effect of unemployment on gross domestic product gdp in nigeria. The effects of unemployment on national development in. These were with the view to analyze the impact of unemployment on economic growth and proffer recommendations towards enhancing economic growth and reducing unemployment in nigeria in this present time economic challenges. The causes of unemployment are practically what happen in all sectors.
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