Inemesit1/Nigeria-Labour-Force-Analysis

An investigative analysis of Nigeria's labour market using NBS Q1 2024 data" # Nigeria-Labour-Force-Analysis An investigative analysis of Nigeria's labour market using NBS Q1 2024 data" # The Education Paradox: Does Going to School Guarantee a Job in Nigeria? ### An Investigative Data Analysis of Nigeria's Labour Market — NBS Q1 2024 --- ## Overview Nigeria's official unemployment rate of 5.3% sounds manageable. But when you look past the headline figure using NBS Labour Force Survey data, a more troubling picture emerges — one that falls hardest on the educated, the young, women, and city dwellers. --- ## The Problem I wanted to answer one question: > *Who is unemployment actually hitting hardest in Nigeria, and is education the solution most people assume it is?* --- ## Data Source - **Source:** National Bureau of Statistics (NBS) Nigeria - **Report:** Nigeria Labour Force Survey (NLFS) Q1 2024 - **Coverage:** 35,520 households across all 36 states + FCT - **Period:** Q4 2022 – Q1 2024 - **Link:** nigerianstat.gov.ng --- ## Tools Used - **Excel** — Data extraction and structuring - **Power BI** — Interactive dashboard - **HTML / Chart.js** — Web-based dashboard (portfolio version) --- ## Key Findings ### 1. The Real Unemployment Rate is Nearly 3× the Official Figure The headline unemployment rate is 5.3%. But once underemployment is included, **15.3%** of Nigeria's labour force is underutilised. The official number significantly understates the scale of the problem. ### 2. Education Increases Unemployment Risk | Education Level | Unemployment Rate | |---|---| | No Education | 2.7% | | Primary | 4.0% | | Secondary | 6.9% | | Post-Secondary | **9.0%** ← highest | | Post-Graduate | 2.0% | More education raises unemployment risk — until postgraduate level. A degree is not a job guarantee in Nigeria. ### 3. Being Employed Doesn't Mean Much **92.7%** of Nigeria's employed population work informally — no contracts, no benefits, no protections. Even among post-secondary graduates, 70.7% are trapped in informal work. ### 4. Women Fa …