Hours: Mon - Sat: 10.00 AM - 4.00 PM
Jobs and Unemployment among young people begins when they are eligible to work. The sharp increase in youth unemployment and underemployment is rooted in long-standing structural obstacles that prevent many youngsters in Nigeria and other developing countries and emerging economies from making a successful transition from school to work. Quantitatively, the employment of young people appears to be one of the most sensitive variables in the labour market, rising substantially during boom periods and falling substantially during less active periods. The most frequently used measure of unemployment is the unemployment rate. It’s calculated by dividing the number of unemployed people by the number of people in the labour force. Older workers’ unemployment is mainly characterized by difficulties in finding a new job for those who have lost their jobs. The losses to society and the individuals are substantial because life expectancy is increasing, the retirement age is rising in many countries, and people are generally in good health. The difficulty that adults have in reintegrating into the labor market after losing their jobs is more severe than that of the younger unemployed. Studies show that as workers get older, the duration of their unemployment lengthens and the chances of finding a job decline In Nigeria and other developing countries, every year, tertiary, vocational and technical institutions produce thousands of graduates, which is a measure to reduce the illiteracy level, but the core challenges that undermine this effort, is unemployment as there are few industries at the private and public level. Unemployment continues to be one of the most burning macroeconomic challenges facing Nigeria and other developing countries today. As population growth continues to outpace output expansion, the number of people seeking jobs keeps rising. The alarming rate of unemployment in Nigeria and other developing countries has brought about the rapid increase in rural-urban migration, a decline in the national output, high rate of poverty and an increased crime rate in Nigeria and other developing countries. EDTD researchers works include changes in industrial techniques, policies regarding seasonal unemployment, change in the education system, expansion of employment exchanges, more assistance to self-employed people, emphasis on full and more productive employment, an increase in production rate, and more importance to employment programmes. EDTD’s thorough research in this area is as critical as ever and focuses on understanding the intricacies and impact of the slow recovery in Nigeria labour market, including our persistent high unemployment, near-record long-term unemployment, mass underemployment, and weak labour force participation.