Employment Rate in Nigeria decreased to 76.90 percent in the third quarter of 2018 from 77.30 percent in the second quarter of 2018. Employment Rate in Nigeria averaged 85.42 percent from 2014 until 2018, reaching an all time high of 93.60 percent in the fourth quarter of 2014 and a record low of 76.90 percent in the third quarter of 2018.

Employment Rate in Nigeria is expected to be 73.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Nigeria to stand at 75.00 in 12 months time. In the long-term, the Nigeria Employment Rate is projected to trend around 78.00 percent in 2020, according to our econometric models.

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Nigeria Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
76.90 77.30 93.60 76.90 2014 - 2018 percent Quarterly
NSA

Nigeria Labour Last Previous Highest Lowest Unit
Unemployment Rate 23.10 22.70 23.10 5.10 percent [+]
Population 195.87 190.87 195.87 45.14 Million [+]
Living Wage Family 137600.00 135300.00 137600.00 135300.00 NGN/Month [+]
Living Wage Individual 43200.00 41800.00 43200.00 41800.00 NGN/Month [+]
Employed Persons 69542.90 69165.60 70665.90 66951.00 Thousand [+]
Employment Rate 76.90 77.30 93.60 76.90 percent [+]
Unemployed Persons 20927.60 20343.60 20927.60 4672.00 Thousand [+]
Wages High Skilled 57200.00 57200.00 57200.00 57200.00 NGN/Month [+]
Wages Low Skilled 25500.00 25500.00 25500.00 25500.00 NGN/Month [+]
Youth Unemployment Rate 36.50 38.00 38.00 11.70 percent [+]
Minimum Wages 30000.00 18000.00 30000.00 18000.00 NGN/Month [+]