Unemployment: Economist advises FG to create 3m jobs annually
http://ift.tt/eA8V8J An economist, Dr Aminu Usman, has advised the Federal Government to create at least three million jobs annually in order to address the high unemployment rate in the country. Usman, who is a lecturer at the Department of Economics, Kaduna State University, gave this advice in an interview with pressmen on Saturday in Abuja. He said that the Federal Government initially promised to create three million jobs annually but in the last two years it had only generated less than a million jobs. The don said the unemployment and underemployment reports for the last quarter of 2016 still showed the negative effects of the current recession on the citizens. The latest unemployment reports released by the National Bureau of Statistics (NBS), showed that the country’s unemployment rate rose from 13.9 per cent in the third quarter to 14.2 per cent in the fourth quarter of 2016. Usman, however, argued that a number of factors must have contributed to the reports. He said ...