Lagos leads other states in job creation

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A fruit seller wheels his wares during a protest against the recent price rise for basic food-stuffs on May 1, 2016, in Lagos during the traditional workers' May Day march by the CNTS-FC (National Confederation of Nigeria Workers, Forces of Change) which brought together several thousand participants. Workers around the world have made soaring food prices their May Day battle cry. AFP PHOTO / GEORGES GOBET / AFP PHOTO / GEORGES GOBET

…Adds 740,146 Jobs In 12 Months, NBS Survey Reveals

A total of 740, 146 jobs were added in Lagos State between July 2017 and June 2018, a survey of the National Bureau of Statistics (NBS) as captured in its recently released report has revealed.

The feat of job creation recorded by Lagos, as shown in the NBS report, is the highest in the country.

According to the report, only nine States were able to reduce unemployment and underemployment rates between the third quarter of 2017 and the corresponding quarter in 2018.

The States include Lagos, Akwa Ibom, Enugu, Imo, Kaduna, Kogi, Nasarawa, Ondo and Rivers, while six States also recorded the highest gains in net full-time employment between Q3 2017 and Q2 2018.

The said States are Lagos which added a total of 740,146 net full-time jobs; Rivers (235,438); Imo (197,147); Ondo (142,514); Enugu (122,333); and Kaduna (118,929).

According to the National Bureau of Statistics, people often move from state to state seeking job opportunities.

This, it said, could create a false impression of the status of States at a particular time by reducing the unemployment figures in some States and increasing it in other States.

“States with a higher propensity for women to be housewives or stay home husbands or that have negative attitudes to working tend to have lower unemployment rates, as they are not considered part of the labour force in the first place.

“These States tend to have a higher proportion of their economically active population outside the labour force thereby reducing the number looking for work and hence the number that can be unemployed,” the report read in part.

Also, out of the five States with highest unemployed population, Lagos State recorded the lowest rate of 14.6% during the period under reference

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.