Causes and effects of graduate unemployment on the. Entrepreneurship education and employment in nigeria. Unemployment in nigeria is defined as the proportion of labour force that. Therefore, a research on the causes of unemployment among university graduates in kenya. In 2014, 520,000 nigerian jobless graduates stormed various recruitment centres to. Sa a d sd 28 30 114 28 14 15 57 14 total 200 100% 4. It is disturbing to acknowledge that a greater number of this percentage are graduates from nigeria universities, colleges of education and polytechnics who roam the.
In a study conducted by fajana, the following factors were identified as the major causes of unemployment in nigeria. Talking of how lack of electricity has caused unemployment in nigeria, the matter is multifaceted. Graduate unemployment, timebomb in nigeria vanguard news. In 2019, the unemployment rate in nigeria was at approximately 6. Africas most populous nation and largest economy has a youth unemployment problem. The causes of unemployment could be many and could also be averted. What are the causes and consequences of unemployment among nigerian graduates. Survey nigeria needs to ramp up training and job creation schemes for university graduates, a leading recruitment agency said on monday, after a survey. Socioeconomic impact of graduate unemployment on nigeria and.
Nigerian youths from all corners of the country most especially graduates are in search of whitecollar jobs. From independence till the 1970s, unemployment was never the challenge. They demanded that government provide them with jobs. Impact of unemployment on economic growth of nigeria mensch mind. Graduates are looking for any means of becoming selfreliant, forcing them to prostitution and drug abuse to get money. The report shows that 1535 years olds account for close to 60 percent of the. However, the trends have changed greatly from late 1970s as the numbers of universities have increased and their curricular though changed, have not produced the desired results. Fajana 2000, diejomaoh 1979 show that unemployment in nigeria was not a serious problem before and after the civil war 19671970.
Causes, consequences and remediable approaches longe, olukayode ph. Unemployment convergence among the 36 states in nigeria. Unemployment rate in nigeria 2019 nigerias unemployment rate stood at 23. Sep 23, 2014 the state of youth unemployment in nigeria. According to mohammed the the hallmark of poverty and crimes in nigeria is the level of unemployment among its activeage citizens. Nigeria is country blessed with a lot of resources, both natural and human. Nigeria why graduates are unemployed and unemployable. Using quantitative research method, data were collected from 360 abuja nigeria federal capital based professionals through a selfadministered questionnaire structured in line with the modified likert scale. The solutions to unemployment are combinations of the remedies of the causes of unemployment in nigeria. Abstract the study explored the phenomenon of graduate unemployment as well as its causal factors, consequences and remedies in nigeria. Labor market prospects of university graduates in nigeria.
The number of unemployed persons in nigeria increased to 15998 thousand in the third quarter of 2017 from 585. What was noticeable as at then was a temporarily gap between searching for job by graduates and. 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. Graduate unemployment, or educated unemployment, is unemployment among people with an academic degree. Impact of unemployment on economic growth of nigeria. The situation is of such concern that hundreds of unemployed university graduates mounted a demonstration in front of the presidential offices aso rock on october 18, 2000. About 50,000 graduates were selected for the first phase of the scheme out of some 85,000 applicants. Higher education system and jobless graduates in tanzania. Department of sociology faculty of the social sciences ekiti state university adoekiti, nigeria. Causes, effects and solutions to youth unemployment. This study, therefore, attempted to assess the relationship between entrepreneurship education and employment in nigeria.
This calls for urgent national planning, though the national bureau of. The causes and solutions to nigerian graduates unemployment were explained who are mostly the youths of the country. Unemployment constitutes a series of serious developmental problems and is increasingly more serious all over nigeria. About 25m graduates are unemployed in nigeria, though president muhammadu buhari estimated it at over 20m earlier this year. Unemployment is one of the major issues affecting nigerias economy and its society. This statistic shows the unemployment rate in nigeria from 1999 to 2019. The unemployment of graduates in nigeria can be said to be in a systematic manner. It has continued to the major macroeconomic be objectives of the government. Unemployment graduates into nigerias biggest problem. If nigeria can tackle the high rate of unemployment in the country. Challenges of unemployment among technology graduates of. Young and unemployed in nigeria nigeria al jazeera. This huge figure implies that the rate of unemployment is really high in the country.
Programs in nigerian higher institutions and graduates. Signs of an unemployment bomb has been tickling in recent years. Unemployment rate in nigeria 2020 and its economic consequences. He said like other corporate bodies, coca cola has a role to play as the company employs about 70,000 africans and has programmes to train and recruit interns every year. Feb 16, 2019 africas most populous nation and largest economy has a youth unemployment problem. Lack of regular electric power supply is the biggest cause of unemployment in nigeria. Studies show that unemployment in nigeria was not a serious problem before and after the civil war 19671970, 10,11. Causes, effects and solutions to youth unemployment problems. Many businesses in nigeria folded up during the era of global economic recession. Unemployment has call for a greater concern in the nigeria economy.
Thus, lead to ruralurban migration where graduates look for greener pasture most especially to cities like lagos, abuja and portharcourt. There was a peaceful demonstration match in october 2000 by the unemployed graduates at the presidential offices in abuja to demand for the government to provide them with jobs. The population of the study consisted of both technology educators and managers of industry operating in rivers state. Unemployment among young graduates in nigeria has become endemic and therefore requires a combination therapy. The global economic recession does not affect the intake rate of graduates by business organizations in nigeria. Sodipo department of business administration, mcpherson university, serikisotayo, ogun state abstract. The study examined the challenges of unemployment among technologists in nigeria.
It is sad, however, that her resources are not put to efficient use. Research undertaken proved that unemployment and underemployment of graduates are devastating phenomena in their lives. Unemployment is the greatest challenge to developing countries which is characterised by graduate unemployment fajana, 2000. From 2011 to 20 there is an increase of 16% unemployment growth rate in nigeria. The establishment woulc like to take much individual, st. 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. Also, unemployment has led to inflation that is affecting the economic situation in kenya.
According to nigeria statement may 28, 1986, unemployment connotes the scarcity of job both in public and private sectors. A study on the causes of unemployment among university. Impact of unemployment on nigeria economic growth 19812017 pdf. Balogun urged corporate bodies to employ and retrain graduates to fit their job standards, so as to reduce growing unemployment on the continent. Nigeria amongst the countries of the world that recorded the least achievement in the upgrade of the welfare of their citizens undp, 2002. In ghana, oppong 20 gave over supply of university graduates, misalignment of the educational system output, inadequate practical training and inelastic labour absorptive capacity in both the private and public sectors. 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 created by tertiary institutions of learning, and agriculturerelated causes of. This is because the educational system of nigeria is structured on certificate and what they can offer the society. Minimizing unemployment of graduates through technical.
Abstract the main focus of this paper is on the problems of university graduates unemployment. Unemployment, youth total % of total labor force ages 1524 modeled ilo estimate there are 26 universities in tanzania and over 15 colleges of education. Jan 25, 2016 45 percent of nigerian graduates unemployed. The findings revealed that unemployment in nigeria increased from 21. 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. 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 jobless. A national baseline youth survey report by national bureau of statistics nbs reveals that 54 % of nigerian youths were unemployed in 2012 out of a total population of 64 million comprising youths aged between 15 and 35 years. The major policy of the government and the international agencies is targeted at. The following research questions were formulated which, gave a lead way to minimizing the scorch of unemployment among nigeria graduates. Statement of the problem the major problem which this study investigated was the prevalence and extent of mismatch between the supply of and demand of skills among university graduates in the nigeria labor market.
The issue of graduate unemployment has been in the front burner of discourse in. The rate of unemployment has increased during last few years due the fallout from the economic challenges. Dec 17, 2019 about 25m graduates are unemployed in nigeria, though president muhammadu buhari estimated it at over 20m earlier this year. Pdf causes, effects and solutions to youth unemployment.
Also, the findings revealed that unemployment in nigeria increased from 21. Graduate unemployment in nigeria is a hot potato current issue under discussion. Employers complain that graduates are poorly prepared for work. Put differently over 38million nigerians are unemployed. 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. In order to examine the problems, the paper focuses on. A high incidence of either are indicators of institutional ineffectiveness and inefficiency. The situation is even worse today that the country is in economic recession. Aug 05, 2019 graduate unemployment in nigeria is a hot potato current issue under discussion. Despite the effort of the government to create about one million jobs per annum, most graduates stay far above the age of 34 years before. The study explored the phenomenon of graduate unemployment as well as its causal factors, consequences and remedies in nigeria. In nigeria, nearly a quarter of the population is out of work and 20 percent is underemployed for young people.
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