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THE EFFECT OF UNEMPLOYMENT ON THE NIGERIA ECONOMY (A STUDY OF ENUGU EAST LOCAL GOVERNMENT AREA, ENUGU STATE)

  • Type:Project
  • Chapters:5
  • Pages:81
  • Methodology:Chi Square
  • Reference:YES
  • Format:Microsoft Word
(Staff Development and Distance Education Project Topics & Materials)
THE EFFECT OF UNEMPLOYMENT ON THE NIGERIA ECONOMY  (A STUDY OF ENUGU EAST LOCAL GOVERNMENT AREA, ENUGU STATE)
TABLE OF CONTENTS

CHAPTER ONE
INTRODUCTION                   
Background of the Study               
Statement of Problem                   
Objectives of the study                       
Research Questions                           
Research Hypotheses                         
Significance of the Study                         
Scope of the Study                        
Definition of Important Terms                 
CHAPTER TWO
LITERATURE REVIEW                          
Introduction                                 
Conceptual Framework                      
The Concept of Unemployment              
Types of Unemployment                       
Causes of Unemployment                    
Consequences of Unemployment               
Efforts in Combating Unemployment in Nigeria      
Unemployment and Economic Growth             
Theoretical Review                           
Empirical Literature                        
Summary of Literature                 
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY      
Research Design                            
Area of the Study                        
Population of the Study               
Determination of Sample Size                   
Instrument for Data Collection                  
Validation and Reliability Of Instrument             
Reliability of the Instrument                     
Method of Data Collection                         
Method of Data Analysis                      
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS           
Data Presentation                            
Analysis of Data                           
Test of Hypotheses                          
CHAPTER FIVE
SUMMARY OF FINDING, CONCLUSIONS AND RECOMMENDATIONS                                 
Summary of Findings                  
Conclusion                                   
Recommendation                         
Limitation of the Study                           
REFERENCE
APPENDICES
CHAPTER ONE
INTRODUCTION
1.1    Background of the Study
One of the greatest challenges facing the Nigeria economy is unemployment which has maintained a rising trend over the years. The total labour force in Nigeria is made up of all persons aged 15-64 years excluding students, home keepers, retired persons and stay-at-home to work or not interested. Unemployment in Nigeria is defined as the proportion of labour force that was available for work but did not work in the week proceeding the survey period for at least 39hours.
According to Adebayo and Ogunrinola, (2006), Official figures from the Bureau of Statistics puts the figure of unemployed at 19.70 per cent, about 30 million, but this figure still did not include about 40 million other Nigerian youths captured in World Bank statistics in 2009. By implication, it means that if Nigeria’s population is 140 million, then 50 percent of Nigerians are unemployed. Viewing this from the perceptive of the recent events in the Middle East where unemployment and poverty among others played a key role in the uprising, one can only conclude that Nigeria’s unemployment poses a threat to its development, security and peaceful co-existence, being that Nigeria is made up of diverse entities from different cultural and religious backgrounds most of whom have shown differences in political, cultural and religious understanding and accommodation emanating from concerns of abuse of power, resource allocation, nepotism, negligence and corruption among others. (Wikipedia, 2014).
According to Akintoye, (2003), from time immemorial, the subject of unemployment has always been an issue of great concern to the economists, policy makers and economic managers alike; giving the devastating effect of this phenomenon on individuals, the society and the economy at large. The classical school of thought that provided the earliest thinking on economic issues did not fail.
However, arguments were made by different people base on the origin of unemployment to Nigeria economy.
    Karode (2009) Admitted that Nigeria has an abidance of unemployment, he argued that it would be wrong to say that Nigeria problem of unemployment is a result of surplus of human resources. He said that human resources.  He further stated that the problem of unemployment is from the nations ability to hardness in resources. According to him, Nigeria development plans were set towards putting the cat before the horse.
Consequently, we had seen not to be getting the right kind of personnel. Briggs, (2011) stated again that until the right Nigeria adopt a Cohesine strategic plan with industrial development against the back ground of the nations resources no body can really say whether we have surplus or optimum functional relationship or not.    
    But at a when these appeared to be a rise in the number of potential capable hand that can manage the industries Nigeria can indigenize the management of companies, but there was no systematic development programme that supports the move.

1.2    Statement Of Problem
Briggs, (2011 ) stated that the problem has become continually without solution being in sight it has constituted itself into one of the worst enemies of the populace in this part of the world. That the problem unemployment has been exacerbated by the previous and retrenchments unbridle rural urban migrate. Etc.
Unemployment is a great problem associated with both rural and urban communities of the Nigeria economy, it results to the following problems to Nigeria.
A)    Threat to peace: The unemployed Constituted available book for political troubles shooters in a Country.
B)    Escalation of Crime Rate: An idle mind they say is the devils workshop, and as a result of this many unemployed youths and able bodied men and women engages themselves in crime such as armed robbery, prostitution, etc in order to earn living.
C)    It causes migration: this is to move from one place to go and live or work in another place. This can be rural urban or from one Country to another which creates vacuum in a nation march to economic and social development.
D)    Waste of Manpower: Unemployment especially that of graduates waste the much needed manpower which delays the economic development of the nation Nigeria.
E)    Increase in dependants: The unemployed people increase the number of dependants and contribute in sapling the income of their families instead of contributing to them.
F)    Reduction in Investment: the money spent in educating the unemployed and the once spent in them as depredates should have been invested in one.  Therefore this research work is to identify the effects of unemployment in the Nigerian economy

1.3    Objectives of the Study
The broad objectives of the study is the effect of Unemployment on the Nation’s Economy (A study of Enugu East Local government area of Enugu State). The specific objectives of the study;
1.    To examine the nature of relationship between unemployment and economic growth.
2.    To determine the effect of unemployment in the Nigerian Nations economy.
3.    To identify the challenges caused by unemployment to the nations economy.
4.    To offer some recommendations based on the findings of the study.
1.4    Research Question
The following research question were drafted from the objectives of the study:
1.    What is the extent of the relationship between unemployment and economic growth?
2.    What are the effect of unemployment in the Nigerian Nations economy?
3.    What are the challenges caused by unemployment to the nations economy?
4.    What are the recommendations based on the findings of the study?
1.5    Significance of the Study
Owing to the down turn in the economic fortunes of this country over the years, the Nigerians have lost their pride of place. Their status in the society has continued to dwindle.
Today, it is sheer mirage for fresh graduates to dream of the good things of life. They are made to understand and accept that they are graduates, unemployment should be seen as a passing phase in the history of the nation. It is very doubtful if the much desired change in the near future will bring us anything.
Therefore, this study is aimed at showing how these unemployment affect economic growth in Nigeria.
It is desirable to create a new forum in which the government plays a dominant role and actively promotes private enterprises, establishes new enterprises with a centrally directed mobilization of resources towards the definite objectives of solving these problems.
1.6    Scope of the Study
The scope of this study covers the economic effects of unemployment in Nigeria, with the periods 2016-2018.
It can be seen from all indications that a research such as this cannot be carried out in one semester.  There are constraints that limit the work of the researcher.  Among these are:
1.7    Definition of important Term
In this aspect we are concerned with the types of unemployment in Nigeria economy, they are as follows: -
a)    Frictional Unemployment: This type of unemployment arises when people leave their present job with hope of getting another one or a new one, but fails at that time. It may or may not be a temporary unemployment depending on the prevailing economic situation. Therefore frictional unemployment is the period between the worker left his former work and the time of getting a new job or work.
b)    Seasonal Unemployment: This type of unemployment is caused by seasonal change that affects some types of work, for example workers that work in road construction companies remain unemployed during raining season.
On the same hand farmers stay idle during the time in between harvesting and planting periods.
c)    Search Unemployment: This type of unemployment occurs when some people turn down offer of work in search of better-paid employment.  How long this search will last depend on he prevailing economic situation in the Country.
d)    Structural Unemployment: Unemployment is as a result of slight change in the Industries structure of a country, workers will be retrenched as a result. This is causal by economic recession and it happened in Nigeria in 1984 when firms folded up as a result of this.
e)     Voluntary Unemployment: This type of unemployment undecorated occurs when some people refuse to take up any paid employment. That is to say that they voluntarily decide not take up any paid employment for example some husband may order their wives not to do any type of work but to stay at home as full time house wives.
f)    Deficient Demand (Cyclical) unemployment: This type of unemployment occurs when there is decrease in the quantity of goods demanded or there is over production, which result to fall in prices.  Industries will be affected and the may cause lay off of workers of the Industries that are affected.
g)    Under Employment: This type of employment result when a workers potential is underutilized or when a worker is paid less than the effort puts on the job. E.g. A graduate doing the work of a cleaner

THE EFFECT OF UNEMPLOYMENT ON THE NIGERIA ECONOMY (A STUDY OF ENUGU EAST LOCAL GOVERNMENT AREA, ENUGU STATE)

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Details

Type Project
Department Staff Development and Distance Education
Project ID SDE0040
Price ₦3,000 ($20)
Chapters 5 Chapters
No of Pages 81 Pages
Methodology Chi Square
Reference YES
Format Microsoft Word

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    Details

    Type Project
    Department Staff Development and Distance Education
    Project ID SDE0040
    Price ₦3,000 ($20)
    Chapters 5 Chapters
    No of Pages 81 Pages
    Methodology Chi Square
    Reference YES
    Format Microsoft Word

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