The focus of the research is on unemployment and inflation in Nigeria. Its main goal was to see if the trade-off theory holds true in Nigeria. From 1988 through 2013, numerous data on unemployment and inflation, as well as other variables like government spending, interest rates, and the gross domestic product, were collected. The test found that unemployment and inflation are negatively connected, demonstrating the existence of the Phillips curve in Nigeria and indicating that inflation has a major impact on unemployment. The study concluded that the government should seek to strengthen the agricultural sector, make massive investments in the real sector, improve the open flow of information between employers and employees, and pay special attention to policy implementation.
Author (S) Details
O. Ibe, Sunny
Department of Banking and Finance Imo State Polytechnic, Nigeria.
View Book :- https://stm.bookpi.org/MPEBM-V3/article/view/2449
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