NIGERIAN BUREAU OF STATISTICS HAS SCHEDULED A DATE FOR THE RELEASE OF NEW UNEMPLOYMENT AND EMPLOYMENT NUMBERS

The National Bureau of Statistics, the federal government body in charge of all statistical information in Nigeria, has set the date for the release of the country's latest unemployment and joyment data.

This was recently revealed in a report titled "Nigeria Labour Force Framework Re-design 2023."

It was stated that the report will be published in May 2023 and would cover data collected between October 19, 2022, and January 22, 2023.

It added that "Status of the NLFS: Data collection for 2022/2023 commenced from October 19 2022.

"The report for the reference quarter is almost concluded and will be published before the end of May 2023."

Meanwhile, the unemployment rate in Nigeria is 33.3%, with 22.8 percent underemployed and 42.5 percent unemployed.

According to the NBS, young unemployment and underemployment was at 21%.