Home Sectors BUSINESS & ECONOMY “Nigeria Records 500,224 New Jobs In H1 2014” – NBS

“Nigeria Records 500,224 New Jobs In H1 2014” – NBS

The National Bureau of Statistics (NBS) yesterday revealed that the formal and informal sectors in Nigeria recorded 500,224 new jobs in the first half of the year 2014.

According to the Statistician-General of the Federation, Dr Yemi Kale, who spoke in Abuja during a three-day National Stakeholders’ workshop on Review of the Definition and Methodology for Computation of Unemployment Statistics in Nigeria, the sectors recorded 240,871 and 259,353 new jobs in the first and second quarters respectively.

Kale said the formal sector recorded 76,018 jobs in the first quarter while 78,755 jobs were created in the second quarter. While 158,894 jobs were created in the informal sector in the first quarter, while 175,786 jobs were created in the second quarter.

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