CAUSE AND EFFECT OF YOUTH UNEMPLOYMENT IN NIGERIA
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- NGN 3000
Abstract
The rate of unemployment has risen in the last decade in most of the sub-Saharan African countries. The situation in Nigeria is rapid population growth with low level of employment rate. This study intends to investigate the relationship between unemployment and economic growth in Nigeria. In order to examine the relationship between unemployment rate and economic growth, a simple percentage model will be used to analyzed he data. Empirical findings show that there is both the short and the long run relationship between unemployment rate and output growth in Nigeria. Hence, there is need to incorporate fiscal measures and increase the attraction of foreign direct investment (FDI) to reduce the high rate of unemployment in the country
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