INTRO: Unemployment has been a recurrent issue in the Nigerian economic discussion due to the alarming percentage of the unemployed in the country. Report by the Bureau of Statistics has it that 38% of the population of Nigeria that falls within the employable age are unemployed and 65% of Nigerian youth face unemployment as at September 2016. this ugly trend of unemployment among the Nigerian youths persisted till the recent times as indicated by Punch . Simply put, unemployment could be seen as the condition of people who are without jobs. It is what exists when members of the labour force are fit and wish to work but cannot get jobs. Unemployment has different forms such as: (a) Frictional Unemployment - a short period between ones old job and the new one (b) Structural Unemployment - a mismatch between skill and vacancy (c) Cyclical/Seasonal Unemployment - employment pattern that follows the rise and fall in demand and supply of the products and services of the recr...
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