Wednesday, May 14, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Top 10 Nigerian states with the lowest unemployment rate

Simon Osuji by Simon Osuji
September 26, 2024
in Business
0
Top 10 Nigerian states with the lowest unemployment rate
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Despite these challenges, some Nigerian states have demonstrated resilience by maintaining lower unemployment rates, showcasing their potential as models of economic stability and growth.

A robust labor force participation rate often reflects the economic health and vibrancy of a region, and Nigeria’s overall rate stands at 76.3%, with 88,940,861 people actively engaged in the labor market. This includes 43,564,586 men (77.4%) and 45,376,276 women (75.2%).

Educational attainment plays a crucial role in labor force participation. Those with postgraduate qualifications exhibit the highest participation rate at 90.8%, while individuals with primary education levels recorded the lowest rate at 65.6%. This highlights the importance of advanced education in enhancing employability and economic productivity.

In terms of employment, 72.2% of Nigeria’s working-age population is employed, with rural areas outperforming urban regions. The employment-to-population ratio in rural areas is 77.3%, compared to 68.7% in urban centers, indicating that rural economies are better at engaging their workforce, despite fewer economic resources.

Notably, 18 out of Nigeria’s 36 states have labor force participation rates equal to or higher than the national average, demonstrating their ability to effectively integrate their working-age populations into the labor market.

States with lower unemployment rates serve as examples, illustrating the potential for sustainable economic growth and reduced poverty.

These states, with their low unemployment rates, not only contribute positively to Nigeria’s overall economic outlook but also provide a blueprint for other regions.

With that said, here are the 10 states in the country with the lowest unemployment rates.

Related posts

XRP Floodgates Open This Year, XRP Price Prediction at $1.2T

XRP Floodgates Open This Year, XRP Price Prediction at $1.2T

May 13, 2025
Advisors ignore succession planning at their own peril

Advisors ignore succession planning at their own peril

May 13, 2025

Top 10 Nigerian states with the lowest unemployment rate

Rank States Unemployment rate Unemployed population Labor force participation Employment to population ratio by state (%)

1.

Nasarawa

0.5%

7,017

83.8%

83.4%

2.

Sokoto

1.2%

31,454

83.1%

82.1%

3.

Kebbi

1.6%

39,105

88.8%

87.3%

4.

Benue

1.6%

47,894

84.0%

82.6%

5.

Taraba

1.9%

27,986

71.9%

70.5%

6.

Oyo

2.0%

81,411

80.3%

78.7%

7.

Kaduna

2.7%

100,231

82.6%

80.4%

8.

Kastina

2.8%

108,312

80.6%

78.4%

9.

Cross River

2.8%

60,611

81.2%

78.9%

10.

Osun

2.9%

58,031

76.5%

74.3%

Source link

Previous Post

An Ultrathin Graphene Brain Implant Was Just Tested in a Person

Next Post

Egyptian steel magnate Ahmed Ezz’s stake in Ezz Steel rises by over $100 million

Next Post
Egyptian steel magnate Ahmed Ezz’s stake in Ezz Steel rises by over $100 million

Egyptian steel magnate Ahmed Ezz’s stake in Ezz Steel rises by over $100 million

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

The D Brief: Putin sacks defense chief; Israel expands Gaza fight; Ukraine’s ‘withering’ air defenses; Damaged B-2 won’t be fixed; And a bit more.

The D Brief: Putin sacks defense chief; Israel expands Gaza fight; Ukraine’s ‘withering’ air defenses; Damaged B-2 won’t be fixed; And a bit more.

12 months ago
Arrests Highlight Illegal Chinese Mining Activity in DRC’s South Kivu Province

Arrests Highlight Illegal Chinese Mining Activity in DRC’s South Kivu Province

4 months ago
An Ultrathin Graphene Brain Implant Was Just Tested in a Person

An Ultrathin Graphene Brain Implant Was Just Tested in a Person

8 months ago
Apple Hospitality REIT Completes Acquisition of Residence Inn by Marriott Seattle South/Renton

Apple Hospitality REIT Completes Acquisition of Residence Inn by Marriott Seattle South/Renton

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.