Federal finance and statistics / National Bureau of Statistics

Nigeria Labour Force Survey Q2 2023

Key Highlights The labour force participation rate among the working-age population remained high at 80.4% in Q2 2023. The employment-to-population ratio was 77.1% in Q2 2023. The combined rate of unemployment and time-related underemployment as a share of the labour force population (LU2) was 15.5% in Q2 2023. Most workers (around 88.0%) were in self-employment in Q2 2023. The proportion of workers in Wage Employment in Q2 2023 was 12%. The unemployment rate in Q2 2023 was 4.2%, this is an increase of 0.1% from the figure recorded in Q1 2023 (4.1%). The rate of unemployment among persons with…