Nigeria’s unemployment rate down to 4.1% in Q1 2023 — NBS

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NBS.jpg

The National Bureau of Statistics (NBS) said on Thursday Nigeria’s unemployment rate dropped to 4.1 percent in the first quarter of this year.

In a report titled: “Nigeria Labour Force Statistics for Q4 2022 & Q1 2023,” the bureau revealed that the rate was lower than 5.3 percent recorded in the fourth quarter of 2022.

NBS added that the data was sourced through the Nigeria Labour Force Survey (NLFS) in line with International Labour Organisation (ILO) guidelines.