The main research question for this study is; what is the relationship between social policy, economic development, education, and the level of unemployment in the Nigerian economy? This study contributes information to employers, investors, policy makers, labor planners, academicians, employees and the job seekers. The research focuses on determining the causes and effects of unemployment and how the problem of unemployment in Nigeria will be reduced to a minimal level or even eradicated. It focuses on this objective: to determine the relationship between unemployment and socio-economic growth in Nigeria. The methods of analysis include: tables, percentages and multiple regressions; combining primary and secondary data. Rural-urban development is imbalanced; rich-poor gap is yet to be bridged. It is difficult for the unemployed and farmers in many poor areas to receive good medical services and education. This absolute poor population has not yet shaken off poverty. Many of them even have no land to farm. There are also several recommendations made based on the findings of this research.