Nbs 16 million nigerians unemployed 3rd quarter 2017

According to the National Bureau of Statistics (NBS) of Nigeria, the unemployment rate in the third quarter of 2017 was 14.2%. This translates to approximately 16.6 million Nigerians being unemployed.

Here is the breakdown:

• Unemployment rate: 14.2%
• Total number of unemployed persons: 16,592,890
• Labour force: 85,002,000
• Unemployment rate among the labour force: 19.6%

Source: National Bureau of Statistics (NBS), Nigeria. (2017). Labour Force Statistics: Q3 2017. Retrieved from https://www.nigerianstat.gov.ng/download/1354

Note: The NBS defines unemployment as "those who are without work but are available to work and are actively seeking work or on strike."