The process of cause and effect. This research will discuss in details the causes of poverty and unemployment in Nigeria. The aim of this study is to examine unacceptable unemployment rate in Nigeria. First, it affects the supply side through a high and rapid increase in the labor force relative to the absorptive capacity of the economy. The inadequate employment situation of youth has a number of socio-economic, political and moral consequences. Producing these goods and services in Nigeria, we need labour; resulting in increase in job opportunities. This has resulted in widespread poverty.
How have you explained the cause-and- effect relationship? The most widespread communication was in the north between pastoral and agricultural peoples who traded cattle for farm products, and pasturage rights for manuring. Un-employability Without mincing words, many Nigerian graduates are simply not employable. In that case these will exist some steady rate of inflation that can sustain a disequilibrium at the specified level of over employment. The issue of unemployment has held Nigeria back intellectually, materially and even economically financially. Poor Educational System This is one of the top causes of unemployment in Nigeria. Nigeria also has the second largest economy in Africa.
Ill-health and death, demoralized and strained family relationship. Improving the standard off education in Nigeria 4. Deficient Demand Cyclical Unemployment If there is a decrease in the quantity of goods demanded or there is over-production which results in fall in prices, industries will be affected. Ho: Poverty and unemployment has no significant impact on Nigeria economic growth in Nigeria. All these considered by entrepreneurs discourage them.
The state of Nigerians have in recent time deteriorated in terms of the standard of living of the citizens. In addition, some crops may be planted or harvested during specific season. To maintain the same disequilibrium the corresponding amount of over employment therefore, the government would have continuously to jade up aggregate demand at such a speed as to keep steadily ahead of the rise of fees for labour services. How to Reduce Unemployment in Nigeria In order to reduce unemployment to as low as possible, certain economic policies, infrastructure and labour laws among others need to be put in place. Some suitable job seekers are ignorant of such opportunity making the golden opportunity slip off.
The findings will provide a blue print for government policies towards the reduction of unemployment in the society. Read also: But, Job seekers also contribute to this unappealing crisis. It has numerous consequences to society it visits. Furthermore, most people think carefully before they get married. That is where unemployment comes in. In answer to this controversy, Lampman 1974 stated that only those persons not at work for more than a specified minimum of time and who are able and are willing to work, and also actively seeking work, are generally considered as employed. Introduction Life is full of expectations, commitments, deadlines, frustrations and demands.
Marsden 1975 and Smith 1995 both agreed that as far as unemployment affects the individual, the most social effect is loss of income, and that unemployment is in the first place of problem of poverty. Nigeria is endowed with diverse and infinite resources, both human and material. Discouraged worker, Economics, Great Depression 2442 Words 6 Pages Causes and Effects of Unemployment Unemployment defined by the Encyclopedia Britannica is the condition of one who is capable of working, actively seeking work, but is unable to find any work. Princewill, reporting in Vanguard April 9, 2002 stated that the half-year report on the national unemployment rate by the Federal Office of Statistics has indicated a high unemployment rate among school leavers and uneducated people. Global Warming is the rise in the average temperature of Earth's atmosphere and oceans since the late 19th century and its projected continuation.
Industry people say the average Nigerian graduate lacks the skills needed by the employers of labor for a formal employment and could therefore be said to be unemployable. Unemployment brings frustration and disappointment. Beveridge curve, Economics, Employment 1070 Words 4 Pages I. He also pointed out that one remedy to frictional unemployment is for there to be better job information. Workers will be retrenched as a result of this caused by economic recession and it happened in Nigeria in 1984, when many firms folded up as a result of this. Causes Of Unemployment In Nigeria The following are the causes of unemployment: 1. All the components of the labour force suffered from the scourge of unemployment of youths, especially graduates, retrenched civil servants and private sectors employees.
Their findings shows that there is a direct relationship show that there is a direct relationship between crime rate and unemployment. Nigeria began to export a lot of her natural resources in exchange for foreign revenue, and unemployment was low, or nearly non-existent. Moreover, there is a disturbing trend in many developing economics towards long term employment especially among youths. This essay begins by talking about the first hurdle of defining bullying and moves on to discuss how schools. The Nigeria unemployment grew from 24. Without going too far, Nigeria is said to be the 8th most corrupt country in the world and so, has high unemployment rate.