• THE IMPACT OF UNEMPLOYMENT ON ECONOMIC GROWTH IN NIGERIA (1970-2010)


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    • ABSRACT - [ Total Page(s): 1 ]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 u ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.1 BACKGROUND OF THE STUDYUnemployment is generally agreed to be symptom of macro-economic illness which could be “voluntary” or in “Voluntary”. When is said voluntary I mean a condition where somebody chooses not to work because they have a means of support other than employment example is the idle rich man. On the other hand involuntary unemployment exists when persons are willing to work at the prevailing rate of pay but unable to find work. (Anyanwu 1995).Balogun, ed et el (2003) also defined unemployed as the percentage of the percentage of the labour f ... Continue Reading