NBS revises methodology for unemployment report

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NBS revises methodology for unemployment report
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The statistics office disclosed this on Tuesday via its verified Twitter handle.

The NBS had in March 2021 reported that Nigeria’s unemployment rate rose to 33.3 per cent, translating to some 23.2 million people, the highest in at least 13 years and the second-highest rate in the world.

In a statement on Tuesday, the bureau noted that the revision was to ensure alignment with international standards and best practices. As part of its commitment to transparency and accountability, the bureau said it will be actively engaging with the public over the next few weeks, to explain the changes and their impact on the Labour Force Survey Results.and our social media handles on Facebook, Twitter, Instagram, LinkedIn and YouTube to stay updated on these developments and all our other activities.

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