The National Bureau of Statistics on
Friday released its job creation report
for the second quarter of 2015,
stating that the economy created a
total of 141,368 jobs within the
period.
The bureau, in the report, stated that
the number of jobs created in the
second quarter was however 69.9
per cent or 327,702 lower than the
469,070 jobs created in the first
quarter of 2015.
The report did not give reasons for
the drop in employment created
within the second quarter.
It said, “In the second quarter of
2015, the total number of jobs
created in the economy was 141,368
jobs, this is a decline of 69.9 per
cent (327,702) over the number of
jobs in the preceding quarter and
45.5 per cent less than the total
number of jobs recorded in the same
period of 2014.
“In the formal sector, 51,070 new
jobs were generated, representing
36.1 per cent of total jobs generated
in the second quarter of 2015. This
is a decline of 61.6 per cent (79,871)
jobs when compared to the first
quarter of 2015 and a 35.2 per cent
decline when compared to the same
period in 2014.
“In the public sector of the economy,
there was a 11.7 percent (669)
increase in the number of jobs
created making 6,395 new jobs
generated in the public sector in the
2nd quarter of 2015, the jobs
generated in the public sector
represents 4.5percent of the total
jobs generated during the reference
period.”
Under informal jobs, which typically
consists of jobs generated by
individuals or businesses employing
less than 10 or those businesses
operating with little or no structures,
the report said an estimated 83,903
new jobs were created in this sector.
This, it noted represents a decline of
74.8 per cent over the 332,403 new
jobs created in the first quarter of
2015;
http://www.punchng.com/business/job-creation-drops-by-69-in-three-months/#st_refDomain=m.facebook.com&st_refQuery=/l.php?u=https:///1tNenr&h=XAQHfNAjr&enc=AZPIhi-3xlVXeJwUD6rI5GKVM_xaeEeOqEfqNNcjwwm4J_cH8aveKBjaql3eiMY2gqPweHK3G6P6F_1HHvFP-1KOo7K66XmeyzHudv_p8tmTUE4MwlHDldxG2aIsXL0XZgVWzoMmmfsbj3c4mCEVRPbHylaIoJtF0tCPzCR7rVLHhRNojbiz9i7KPS9gDC4_RRU&s=1

where is the "change" now?

Since APC took over

Obascoetubi:
where is the "change" now?

Duh! They gave you 69% change and you are asking for more?

Job rate is dropping globally... Nothing new

chudidonas:
Job rate is dropping globally... Nothing new

No not by 69 % several factors are responsible for the drop in employment.
1. No governmental direction yet.

2. The few achievements under the past administration have been eroded by lack of follow up.

3. The new found austerity in government.

4. According to the nations article of yesterday. The government is a one man show. No one not even some of those you think should know.

5. Continued propaganda even after election thereby scaring investors etc.

Friend we should really begin to pray for our leader.

Change is here!
Jobs for ICPC, EFCC and Northerners only!
So, 2million jobs is still feasible.

For anyone that has ever tried to stop a moving object and force it in the opposite direction they understand the necessity of firm footing. The new government is planting their feet to push things back on course. We are all suffering but this is a temporary pain for a long term gain. It shall be well with us. Naija Up!