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The Impact Of Unemployment On Nigerian Economy (1980-2010)
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The null research hypothesis for this work is;
1. Unemployment does not affect economic growth in Nigeria
1.6 SIGNIFICANCE OF THE STUDY
The
significance of this study is to make research on the effect of
unemployment for most qualified graduates of various institutes of
learning and also qualified skilled labour. The result of this study
will provide useful information needed by government to fight
unemployment and help create employment opportunities in Nigeria.
1.7 SCOPE AND LIMITATIONS OF THE STUDY
The
scope of this study is centred on the effect of unemployment on the
Nigerian economy. The research work is also centred on thirty years
duration from 1980-2010. The regression analysis was also based on the
use of time-series data extracted from the central bank of Nigeria
statistical bulletin. The method of analysis used in testing the
hypothesis is the t-test, f-test e.t.c. Possible suggestion and
recommended were also made.
It is worthy to note that every research
work posses alot of problems and limitations. However, the difficulties
encountered includes, inadequate and non-availability of relevant data
owing to the fact that unemployment in most under-developed countries
e.g Nigeria is not evenly distributed and thus varies from one place to
another, financial constraint, high cost of transportation and the
difficulty in locating the various research centres
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ABSRACT - [ Total Page(s): 1 ]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 research focuses on determining the causes and effects of unemployment and how the problem of unemployment in Nigeria will be reduced to a minimal level or even ... Continue reading---
