ABSTRACT
The
term unemployment can be defined as an economics condition marked by the fact
that individual actively seeking jobs remain unhired. Unemployment is expressed
as a percentage of the total available work force. The level of unemployment
varies with economics conditions and other circumstances. This is mostly seen
in graduate of various institutions of learning especially in under developed
nations like Nigeria. The study was designed to investigate the impact of
unemployment on economics growth in Nigeria of 41 years (1970-2010). The
research focuses on determining the cause and impacts of unemployment, and how
the problem of unemployment in Nigeria will be reduced, to a minimal level or
even eradicated. It focuses on this objective is toa determine the relationship
between unemployment and economic growth in Nigeria (GDP). The method of
analysis used in testing the hypothesis is the hypothesis is the T-test, F-test
etc. the major findings was that unemployment has a negative impact on the
gross domestic product (GDP) of the Nigeria economy. Some suggestions and
policy recommendations were made based on the findings.
