With respect to Nigeria, the National Bureau of Statistics, Nigeria reports that Unemployment Rate in Nigeriaincreased to 9.90 percent in the third quarter of 2015 from 8.20 percent in the second quarter of 2015. Unemployment Rate in Nigeria averaged 11.45 percent from 2006 until 2015, reaching an all time high of 23.90 percent in the fourth quarter of 2011 and a record low of 5.30 percent in the fourth quarter of 2006. This analysis means that Unemployment rate in Nigeria has been increasing over the years (from 2006 to 2015).
Entrepreneurship is a key driver of our economy. Wealth and a high majority of jobs are created by small businesses started by "entrepreneurially" minded individuals, many of whom go on to create big businesses. As a wise student, you need to equip yourself for the future. Here is something you can use to empower yourself as we all seek an escape route to the rising unemployment rate in not just Nigeria but across the world.
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