THE GROWTH OF NIGERIAN ECONOMY AND UNEMPLOYMENT (1980-2010)

CHAPTER ONE

1.1           THE BACKGROUND OF STUDY
Unemployment has been one of the most persistent and un-manageable 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 and unemployment, they defined unemployment as persons above a specified age who during the reference period were without work including the unemployed graduates, school leavers, home makers and other persons mainly those engaged in non-economic activities who are at the same time seeking for work and are available for work.

The term unemployment could be used in relation to all the factors of production with reference to labour. Unemployment produces both economic and non-economic costs. This cost differs from individuals and societies....

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Item Type: Project Material  |  Attribute: 51 pages  |  Chapters: 1-5
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