National Bureau of Statistics (NBS) says Nigeria’s unemployment rate dropped to 4.1 percent in the first quarter (Q1) of 2023, from 5.3 percent recorded in the previous quarter.
READ ALSO: Wike orders arrest of owner of Abuja collapsed building
Control TV reports that NBS, in a statement said the latest unemployment report adopted a new methodology and presented an in-depth analysis of the labour market.
In the fourth quarter (Q4) of 2020, the bureau had pegged the country’s unemployment rate at 33.3 percent.
More details soon…
(C)ControlTV2023.
