The rate of unemployment has increased during last few years due the fallout from the economic challenges. According to ashimuneze, 2011, about 20% of nigerias unemployed are very poor, but are well educated and skilled, even by european and american standards. Hence, the challenge of unemployable graduates in the country. Top ten major causes of unemployment in nigeria and solutions nigeria is country blessed with a lot of resources, both natural and human. Causal factors and effects of unemployment on graduates. Abstract the rising youth unemployment in nigeria is. Studies show that unemployment in nigeria was not a serious problem before and after the civil war 19671970, 10,11. Free essays on causes of graduate unemployment in ghana. Socioeconomic impact of graduate unemployment on nigeria and. Nigeria begins recruitment of 500,000 unemployed graduates. This calls for urgent national planning, though the national bureau of. Pdf factors causing youth unemployment problem in nigeria.
Lets talk about the causes, effects and possible solutions to unemployment in nigeria. Causes and effects of graduate unemployment on the. Unemployment in nigeria covenant university repository. Causes, effects and solutions to youth unemployment. Structural curriculum reform and unemployment among. Proceedings of the 2011 international conference on teaching, learning and change c international association for teaching and learning iatel 4 unemployment accounted for less than 1 percent of the unemployed, in 1974, by 1984, the proportion rose to 4 percent for. Graduate unemployment, timebomb in nigeria vanguard news. In nigeria, the bandwagon effect posed on the economy. South africa is experiencing growth in its graduate labour force, but graduateunemployment is rising with the overall unemployment rate. There is a saying that the devil finds work for the idle hands.
There are many nigerians who graduated from various universities without. This study explores the perceived causes of graduate unemployment fromthe perspective of the south. Unemployment in nigeria causes effects and solutions free. The paper conclude that vocational and technical education a solution among graduate in nigeria education agenda and how the integration of both area of study can create a synergy for dealing with the issue of unemployment. What was noticeable as at then was a temporarily gap between searching for job by graduates and. Structural curriculum reforms and impact on employment in nigeria nigeria under british control reflected the. The unemployment rate is a measure of the prevalence of unemployment and it is calculated. Analysis of the causes and effects of unemployment in nigeria towards a solution for graduate idleness and poverty alleviation. A case study of edo state article pdf available in anthropologist 142 march 2012 with 1,411 reads how we measure reads. Graduate unemployment fx,u,sgm 1 in terms of individual components, graduate unemployment can be a function of expectation e, uncertainty u, and searching costs s. The incidence of graduateyouth unemployment is attributed to the educational system operated during pre and post independence era in the country which placed emphasis on liberal education rather than. According to mohammed the the hallmark of poverty and crimes in nigeria is the level of unemployment among its activeage citizens. On the compilation of labour force statistics for nigeria 1yemi kale and sani i.
Today we are all worried about the quality of graduates that are churned out by our tertiary educational institutions. Economywatch, 2005 report that unemployment in nigeria is one of the. Abstract the study explored the phenomenon of graduate unemployment as well as its causal factors, consequences and remedies in nigeria. According to the national bureau of statistics nbs, the rate of unemployment in nigeria stood at 23. Unemployment is the greatest challenge to developing countries which is characterised by graduate unemployment fajana, 2000. 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. Socioeconomic impact of graduate unemployment on nigeria. From 2011 to 20 there is an increase of 16% unemployment growth. This is due to the fact that currently, there is no unemployment insurance or assistance available in the country. Unemployment or joblessness as defined by the international labour organisation 1982 occurs when people are without jobs and they have sought work within the past five weeks. Academic corruption and the challenges of unemployment in nigeria 2 inculcated they are halfheartedly or perversely transmitted.
Unemployment is a situation whereby people who are professionally qualified, able and willing to work are unable to find employment. Unemployment in nigeria causes effects and solutions. Hence an increase in the unemployment rate may lead to an increased crime rate. Department of sociology faculty of the social sciences ekiti state university adoekiti, nigeria. Proceedings of the 2011 international conference on. The challenge of functional education and national development is a study that discussed the causes of graduate unemployment in nigeria which include the discovery and overdependence on crude oil, problems.
This country enjoys some level of peace and stability which needs to be guarded very jealously. Graduate unemployment in nigeria is a hot potato current issue under discussion. Pdf graduatesyouths unemployment question in nigeria. From the content analysis perceptions of job seekers on the issue of graduate unemployment in a study conducted by fajana 2000, the following factors were identified as the major causes of unemployment in nigeria. Entrepreneurial interventionism and challenges of youth. In a study conducted by fajana, the following factors were identified as the major causes of unemployment in nigeria. Unemployment convergence among the 36 states in nigeria. The study provides insights into the phenomenon of graduate unemployment in ghana and. It is sad, however, that her resources are not put to efficient use. Pdf causes, effects and solutions to youth unemployment.
Graduate unemployment in the country has made some of the graduates think beyond the limit they are supposed to which sometimes made them mad. As nigerias youth population grows, so does its youth unemployment rate, reaching nearly 11. Although the unemployment rate in malaysia is always low compared to the united states or european countries, there are great concerns for unemployment. Also according to weekly star, august, 17 1986, unemployment is the state of being employed, it further describes a person as unemployed when despite his ability and willingness to work in. According to nigeria statement may 28, 1986, unemployment connotes the scarcity of job both in public and private sectors. Unemployment leads to frustrations which could find manifestation in different unfavourable forms. Doguwa computing unemployment rate using a 40 hours a week benchmark implies that any person who has worked for less than 40 hours during the reference week is considered. In the study of unemployment in nigeria, adebayo 1999, alanana 2003, echebiri 2005, ayinde 2008, morphy 2008 and awogbenle and iwuamadi 2010 have identified the main causes of youth unemployment in nigeria. It is therefore essential to investigate why there is university graduate unemployment in nigeria. Graduate unemployment isproblematic, because it wastes scarce human capital, which is detrimental to the economy inthe long run.
If nigeria can tackle the high rate of unemployment in the country. Pdf analysis of the causes and effects of unemployment in. Unemployment is one of the major issues affecting nigeria s economy and its society. Tunji akande examines the factors contributing to its prevalence and policies that. Unemployment in nigeria looms large and its concomitant consequences are alarmingly daring, especially as youths are the worst hit. University of nigeria, nsukka abstract graduate unemployment in nigeria. Abstract unemployment which is one of the major economic problems confronting nigeria has been seen to take an increasing turn in form of graduate unemployment retarding the economic growth of nigeria. It will bring to light various factors contributing to unemployment thus providing probable instrument to policy makers. Delta state university asaba, nigeria abstracts although policy makers and practitioners are aware of the importance of entrepreneurship in reducing unemployment among the nigerian youths they have failed to give it the deserved attention. In 2019, the unemployment rate in nigeria was at approximately 6. The rate of youth unemployment in nigeria is high, even at the period of economic normalcy i. Nigerias labour force has continued to grow in line with the growth in.
Achievements of employment promotion and creation schemes in nigeria table 1. A cursory look at the rush into lagos state by unemployed and unproductively engaged youths depicts the calamitous and outrageousness of the problem. The rate at which unemployed graduates roam the street after the national youth service constitutes. Graduate unemployment and economic growth in nigeria. Nigeria youth unemployment rate 20142018 data 2019. Youth unemployment in nigeria challenges and way forward akin iwayemi department of economics university of ibadan ibadan, nigeria email. Measure the prevalence of graduate unemployment using a database of students who graduated from all 23 public higher education institutions. A comparative analysis of the population and unemployment structure of three purposively selected and heavily populated countries in three different continentsnigeria, china and usa were undertaken. Unemployment is generally said to occur when a person actively searching for a job is unable to find it. In other words, the graduates are sensitive to the fluctuation of expected return after graduation, and flexible market conditions affect the. Youth unemployment rate in nigeria decreased to 36. The impact created by unemployment on the economy of the nation has vividly shown in most, if not all the areas of the economy.
This huge figure implies that the rate of unemployment is really high. This statistic shows the unemployment rate in nigeria from 1999 to 2019. View graduate unemployment and economic growth in nigeria research papers on academia. Causes and effects of graduate unemployment on the nigerian economy the case study of lagos state ogunbanjo olufunmilola adesola 1, afolabi michael oluseye 2, aninkan olubukola omonike 2, ogunsola modupe omowunmi 2 and orobiyi joshua oluwaseunfunmi 3. This study appraised the causes and socio behavioural effects of graduate youth unemployment in abia state, south. Causes, consequences and remediable approaches longe, olukayode ph. An examination of the causes of unemployment among. 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.
About 25m graduates are unemployed in nigeria, though president muhammadu buhari estimated it at over 20m earlier this year. Unemployment among young graduates in nigeria has become endemic and therefore requires a combination therapy. Youth unemployment in nigeria challenges and way forward 1. From 2011 to 20 there is an increase of 16% unemployment growth rate in nigeria. On the compilation of labour force statistics for nigeria. Also, the findings revealed that unemployment in nigeria increased from 21. Entrepreneurial interventionism and challenges of youth unemployment in nigeria by dr.
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