THE EFFECT OF UNEMPLOYMENT ON ECONOMIC ACTIVITIES IN BENIN CITY:
A CASE STUDY OF OREDO LOCAL GOVERNMENT AREA OF EDO STATE
The research investigated the socio economic implication of unemployment among school leavers in Oredo Local Government Area of Edo State. The need for this study Arouse because of the increase questions used for the study are as follows:
1. Does high level of unemployment leads to low standard of living in Oredo local government area of Edo State.
2. Does unemployment bring about frustration among school leavers in Oredo Local Government Area of Edo State?
3. Do you regard the period you spent in school as a waste?
Based on these findings, the following suggestions were made to assist government to reduce the high rate of unemployment among school leavers in Oredo Local Government Area of Edo State. Some of such recommendations are;
1. The government should mobilize additional effort towards creating job opportunities.
2. They should also mobilize private investors, who declare high profit each year to invest part of the profit.
3. The government should establish farm settlement and agricultural industries.
TABLE OF CONTENT
1.1 Background of the study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Scope of the study
1.5 Limitation of the study
1.6 Research questions
1.7 Significance of the study
1.8 Definition of terms
2.1 Meaning and types of unemployment
2.2 Causes of unemployment
2.3 Effects of unemployment
2.4 Solutions to problems of unemployment
Design of the study
Population of the study
Sample of the study
Procedure for data analysis
Administration of questionnaires
4.2 Data Analysis
4.3 Hypothesis and Test
Summary, Conclusion and Recommendations
1.1 BACKGROUND OF STUDY
Human beings engage in various activities in order to satisfy their wants. In producing human wants (goods and services) land, labour and entrepreneur are utilized for these purposes. Labour being the most dynamic factor of production combines with the other factor to produce goods and services for consumption if fully utilized,, then there will be employment.
Unemployment is a hazard of an industrialized economy system, primitive communities were usually self sufficient and had no unemployment problems through they had to accept a very low standard of living than communities had even previously enjoyed.
Yesufu (2004) in the Nigeria journal of economics and social studies said that some unemployment started with the introduction of money market by the colonial masters to substitute or alter the subsistence economy which our people were conversant with. Wages earning was employment was the introduced by the colonial masters in their bid to tap Nigeria raw materials for export were they are sold at profitable price
The civil war period provided jobs for many in the armed forces but the magnitude of the unemployed increased after the civil war because of the effect that majority of the unemployed are young workers sintering the labour market for the first time after receiving education to attracts this aspiration and value they did not have enough education and practical training to provide them with skills.
These school leavers prefer white collar jobs to the farming. The government could not employ some one because of lack of job opportunity while the population of the working forces was increasingly there was no commensurate increase in job creation.
Oduniyi (1996) in his work title “unemployment rate in Nigeria explained that functional nature of Nigeria education system where school leavers cannot be self employed due to lack of foreign resource and the over growing unserviceable debts has brought about retrench and high rate of unemployment that prevail in the country in the recent years.
Oduniyi (1997) noted that unemployment rate in December (1995) was 9.8 percent in h=Nigeria and while the Bendel state now Edo state ands delta state urban area 15.4 percent and the rural area has 7.2 percent unemployed rate.
Secondary school leavers were relatively few then in Bendel state now Edo state and delta state in the 1960’s and 1970’s before the Udoji award in general and Oredo local government area in particular.
This made unemployment rate among secondary school levers low. By 1972 when free education of all levels was introduced and there was increase in the job opening available.
This brought about high rate of unemployment in Oredo local government area. The reintroduction of school fees and high rate of unemployment have reduced the number of intake into the secondary school in Edo state
1.2 STATEMENT OF THE PROBLEM
The problem that necessitated the carrying out of this research are inherent in the background of the study e.g.
1.3 OBJECTIVE OF THE STUDY
The objectives of the study include:
1.4 SCOPE OF THE STUDY
The scope of this study, the causes and effects of unemployment among secondary school leavers are restricted to Oredo local government area of Edo state
1.5 RESEARCH QUESTIONS
1.7 SIGNIFICANCE OF THE STUDY
The research is the opinion that the people and authorities in Oredo local government area of Edo state should be able to benefit from the study.
This research will help to educate the government on the importance and the effect of unemployment the advantage of this work to the local government authorities and other people in the state. In that it will help them to keep abreast with the latest finding in generating employment with the view to educating the people and the government on the problems of unemployment and instill in them ways of creating and overcoming unemployment
1.6 DEFINTION OF TERMS
Unemployment: can be defined as a situation where by persons that have acquired knowledge’s, skills and have the potentiality to work but remain without a beneficial work to do.
Unemployment can also be defined as a process where some persons that have been trained with skills and knowledge and prepare to work but have no beneficial work to do
Education: it is a process of teaching training and learning especially in schools or colleges to improve knowledge and develop skills
Retrench: to reduce workers in order to reduce costs especially for a business, government.
Primitive: very simple and old fashioned especially when something is also not convenient and comfortable.
TERMS AND CONDITIONS
Using our service is LEGAL and IS NOT prohibited by any university/college policies
You are allowed to use the original model papers you will receive in the following ways:
1. As a source for additional understanding of the subject
2. As a source for ideas for your own research (if properly referenced)
3. For PROPER paraphrasing (see your university definition of plagiarism and acceptable paraphrase)
4. Direct citing (if referenced properly)
Thank you so much for your respect to the authors copyright.
For more project materials
Log on to www.grossarchive.com