Unemployment in Nigeria, 2015-2023
The NBS changed its methodology for collecting labour market data in 2023. Under the new approach, the country's unemployment rate fell from 33.3% in the last quarter of 2020 to 4.1% in the first quarter of 2023.
The NBS changed its methodology for collecting labour market data in 2023. Under the new approach, the country's unemployment rate fell from 33.3% in the last quarter of 2020 to 4.1% in the first quarter of 2023.
