THE CAUSES AND EFFECTS OF UNEMPLOYMENT ON THE NIGERIAN ECONOMY: A CASE STUDY OF EGOR LOCAL GOVERNMENT AREA OF EDO STATE, NIGERIA ABSTRACT This project work is on the causes and effects of unemployment in Nigerian economy. A case study of Egor Local Government Area of Edo state. The need for this study comes up because of the alarming number of the unemployed people in the country. Concerning methodology, the researcher used the unemployed people questionnaire which was administered to the respondents and were completed on the spot and collected by the researcher and transformed into frequencies with the use of simple percentages the study observed that unemployment brings about hardship in Egor local government area of Edo state, it brings about decrease the national output as a research of the wastage of human resources and unemployment bring about frustration among the people of Edo state where by those who are qualified cannot got job. Based on this finding, the following recommendations are made o assist government reduce high rate of unemployment. Some of this recommendation is as follows; government should create job opportunity thereby establishing so many industries to cater for the people government should mobilize private or foreign investors to invest in the country. TABLE OF CONTENT Chapter one Introduction Statement of the problem Research questions Purpose of the study Significance of the study Scope of the study Operational definition of terms Chapter two Literature review Chapter three Research methodology Research design Data collection Population of the study Sample and sampling procedure Instrumentation Validity Method of data analysis Chapter four Data analysis and discussion Chapter five Summary Conclusion Recommendations References Questionnaire CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Unemployment has become so visible in the developed countries that the economist and politicians cannot do without seeking its causes and its alleviation. Naturally they wonder whether income distribution would be improved if only the unemployed were to be employed. Unemployment is no limited to labour but extended to all resources inputs, unemployment and employment often considered only in relation to labour, unemployment as we shall see takes different forms of causes in all society there are people, who children of school age and the sick. To determine the unemployment rate, it is necessary to define the labour force which is employed and unemployed in the society. This influences the human environment the impact of the unemployment was not initially felt In the society because of the oil boom in the country. Unemployment in a particular economy can affect the economy stability of the nation especially politically and otherwise. It is also about under utilization of human and material resources a reduced aggregate demand for goods and services as well as a like frustration, depression acts of delinquency and increase in the rate of al sorts of crime. According to the advances learners’ dictionary, unemployment is the number of people without a paid job”. Unemployment generally is a situation in which persons who are willing and able to work are not employed. Unemployment therefore, means that a person capable of and willing to work is unable o find suitable paid employments in the production of goods and services required in the community society. STATEMENT OF THE PROBLEM The researcher makes it very relevant to look at the issue of unemployment as it’s relates to the following areas; 1. Availability of well planned educational structure. 2. Improper utilization of government revenue. 3. Lack of investment by the citizen. 4. Government negativity agricultural sector. OBJECTIVES OF THE STUDY The objectives of the research is part forward in finding the causes and effect of unemployment of the Nigeria economy taking Egor local government area of Edo state as a case study the objectives of this work will be analyzed on the following; i. To identify the definition of unemployment. ii. To examine he various types of unemployment. iii. To identify the causes of unemployment in Nigeria economic growth. iv. To provide a possible way of reducing unemployment. SIGNIFICANCE OF THE STUDY The study of the causes and the effects of unemployment on Nigeria economy are extremely great due to the fact that it has a big effect on our nation. The rate of crime is increasing rapidly because of unemployment when people are unemployed a lot of thought always come to them. There is absolute need to discover solution in other to alienate or reduce this infirmity which is eating deeply into our economy. Those that are employed have a lot of dependant to cater for. So many graduates are roaming the street without jobs and those have jobs are poorly paid or rewarded for the services rendered. The resources in our society should not be under utilized rather it should be effectively criticized so as to create an avenue for employment opportunity. PURPOSE OF THE STUDY This research work tries to analyze and verifies the effect and causes of unemployment in our economy; the following are the purpose of this research; 1. To examine the causes of unemployment in our economy. 2. To examine the effect of unemployment. 3. To analyze and clarify unemployment in our economy. 4. To provide a possible way of reducing unemployment. SCOPE OF THE STUDY The research had some limitation, due to the sort time frame of this work materials and financial constraints. This study was carried out in Egor local government area of Edo state, besides these limitation researches is carried out along with teaching constituted a limitation
THE CAUSES AND EFFECTS OF UNEMPLOYMENT ON THE NIGERIAN ECONOMY
ABSTRACT. The term unemployment can be defined as a situation whereby those who are willing and able to work do not find job. This is mostly seen among graduates of various institutions of learning especially in underdeveloped nation like Nigeria. The study was designed to investigate the impact on unemployment on Nigeria economy (1980-2010). The... Continue Reading
ABSTRACT. The term unemployment can be defined as a situation whereby those who are willing and able to work do not find job. This is mostly seen among graduates of various institutions of learning especially in underdeveloped nation like Nigeria. The study was designed to investigate the impact on unemployment on Nigeria economy (1980-2010). The... Continue Reading
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ABSTRAC T The work is motivated by the seeming inability of the public sector to make and implement polices and programmes to curb the high rate of rural – urban migration and unemployment that is usually experienced in Nigeria. The study was geared towards an overview of the issues of urbanization and unemployment as well as their implication... Continue Reading
ABSTRACT Unemployment has been one of the most persistent and unmanageable problems facing all industrial countries of the world. It has been noted as a macroeconomic and social problem. In October 1982 the 13th International Conference of Labour Statisticians adopted a new resolution concerning the statistics of the economically active employment... Continue Reading
ABSTRACT The term unemployment can be defined as a situation whereby those who are willing and able to work do not find job. This is mostly seen among greduates of various institutions of learning especially in underdeveloped nation like Nigeria. The study was designed to investigate the... Continue Reading
ABSTRACT. The term unemployment can be defined as a situation whereby those who are willing and able to work do not find job. This is mostly seen among greduates of various institutions of learning especially in underdeveloped nation like Nigeria. The study was designed to investigate the impact on unemployment on Nigeria economy (1980-2010). The... Continue Reading
ABSTRACT. The term unemployment can be defined as a situation whereby those who are willing and able to work do not find job. This is mostly seen among greduates of various institutions of learning especially in underdeveloped nation like Nigeria. The study was designed to investigate the impact on unemployment on Nigeria economy (1980-2010). The... Continue Reading