The unemployment rate may increase from 23.1 percent to 33.5 percent by 2020, the Federal Government announced on Thursday.
The Minister of Labour and Employment Senator Chris Ngige disclosed this while declaring open a two-day workshop on breaking the resilience of high unemployment rate in the country in Abuja.
He described the incessant increase of unemployment in the country was alarming.
The Minister said the high unemployment rate of 23.1 per cent, and underemployment of 16.6 per cent presented by the National Bureau Statistics (NBS) in its 2019 report was alarming.
