In the recently released “Unemployment/Underemployment Report for 4th Quarter of 2016’’, made available on the website of the (NBS) on Tuesday, unemployment rate in the country rose from 13.9 per cent in the 3rd quarter to 14.2 per cent in the 4th quarter of 2016.
The report said that the period under review showed that population, unemployed was 27.12 million in the 3rd quarter, compared to 28.58 million persons in the 4th quarter.
It said that this showed an increase in the number of the unemployed labour force by 351,015 persons.
It further showed that 26.06 million persons were unemployed in the 2nd quarter and while 24.5 million were unemployed in the 1st quarter in the year under review.
The report, however, showed that the underemployed in the labour force in 2016 in the 3rd quarter was 15.9 million persons or 19.7 percent, while the 4th quarter was 17.03 million or 21.0 percent.
According to the report, it therefore, showed an increase of 1.3 percentage points between the 3rd and the 4th quarters of 2016, a steady rise in the rate since the 3rd quarter of the year.
The bureau said that keeping with the recent trend in the labour market, unemployment and underemployment continued to be highest for persons aged between ages of 15 to 34.
It said that a breakdown into age groups showed that unemployment rate was highest for those between the ages of 15 to 24, while the underemployment rate for the same age group increased to 36.5 per cent in the 4th quarter of 2016.
In addition, the Bureau stated that unemployment and underemployment were higher for women than men in the 4th quarter of 2016.
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