What is Nigerian Labour market?

What is Nigerian Labour market?

The Nigerian labour market is very flexible with skilled, low labor cost level, highly motivated and productive workforce. Nigeria also has a strong tradition of collaboration between universities and private-sector companies, which co-operate on research that often culminates in innovative, prize-winning products.

What are the problem of youth in Nigeria?

The study revealed that a lot of challenges are being faced by the Nigerian youths which subsequently have led them to being indulged in various criminal activities, drug abuse, prostitution and violence of one kind or the other.

What are the challenges of youth unemployment in Nigeria?

These include high population growth rate (understandably), deficient school curricula and poor teacher orientation, lack of focus on manufacturing as a result of overdependence on the oil sector, and flawed and inconsistent government policies on youth unemployment.

What are the causes of youth unemployment in Nigeria?

Why is the Unemployment Rate in Nigeria High?

  • Migration and Population Increase. A lot of young people from rural parts of Nigeria are moving to the city for better job opportunities and livelihood.
  • Lack of Education.
  • Lack of Adequate Education.
  • Corruption.

What are 5 factors that affect the labor market?

The five factors that affect the labor market are: social change, population shifts, world events, government actions, and the economy.

What are the types of labor market?

Overview.

  • Cyclical Unemployment.
  • Disguised Unemployment.
  • Employment-to-Population Ratio.
  • Frictional Unemployment.
  • Full Employment.
  • What are the challenges of youth today?

    The Top 10 Issues Facing Youth Today

    • Single Parent Households. Since the 1950s, the numbers of the single parent households have significantly increased.
    • Drug/Alcohol Abuse.
    • Growing Up Too Fast.
    • Violence in Schools.
    • Stress & Time Management.
    • Political & Social Issues.
    • Materialism.
    • Obesity.

    What are the main causes of youth unemployment?

    Youth Unemployment Causes and Solutions

    • Globally, 73 million youth are registered unemployed.
    • Financial crisis.
    • Skills mismatch.
    • Lack of entrepreneurship and lifeskills education.
    • Lack of access to capital.
    • A digital divide.
    • Education and training programmes.
    • Youth access to capital.

    What are the problems faced by youngsters?

    The common teenage problems that teenagers face today are usually related to:

    • Self-Esteem and Body Image.
    • Stress.
    • Bullying.
    • Depression.
    • Cyber Addiction.
    • Drinking and Smoking.
    • Teen Pregnancy.
    • Underage Sex.

    What are the two major reasons for youth unemployment?

    Causes. There are multiple and complex causes behind youth unemployment. Among them, the quality and relevance of education, inflexible labour market and regulations, which in turn create a situation of assistance and dependency, are the main causes discussed today.

    What are four reasons for youth unemployment?

    Youth unemployment causes

    • Financial crisis.
    • Skills mismatch.
    • Lack of entrepreneurship and lifeskills education.
    • Lack of access to capital.
    • A digital divide.

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