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NBS: Unemployment Rate in Akwa Ibom drops

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According to the latest report by the National Bureau of Statistics, Akwa Ibom State has dropped in it’s unemployment rate barely four months after the agency ranked the State as second among the States hit by unemployment in the Country.

 

In a report released by the NBS on Monday, Akwa Ibom State which ranked second in the third quarter of 2020 has moved to 5th with Imo State maintaining the lead position as the first, followed by Adamawa.

 

Cross River and Yobe States ranked third and fourth position respectively.

 

Meanwhile, Nigeria’s unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the fourth quarter of 2020. This translated to 23.19 million unemployed people.

 

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