Tuesday 25 July 2023

Unemployment and Underemployment in Nigeria: Implications for the Rural Development | Chapter 7 | Current Topics on Business, Economics and Finance Vol. 8

 This stage analyzed the questions of unemployment and underemployment as conventionally delineated in Nigeria. Unemployment, underemployment, and the quality of work are ethnic occupational health risk determinants that drive critical civil problems. It is emphasize that the issues had persisted and that the measures fix throughout the age by various governments to address the issues had only had minimal boom. The issues of unemployment and underemployment do endure, even at levels that are considerable and extending, despite data from administration polls showing figures that describe the country as having no aforementioned problems. Seasonal unemployment is that that results from seasonal vacillations in economic activities. The latte r concede possibility take the form of vagaries in the result of, and/or variations in the demand for, merchandise and services. Also, unemployment rates between those with subordinate education and above were higher in the city than in the rural fields, but the rates for those with no apprenticeship or with primary instruction only were higher in the country areas. The efficiency prosecute theory, The gang-outsider hypothesis, The search theory, The contract theory and The trade theory made the theoretical foundation for the topic. Descriptive data were bestowed and critically determined. The paper, therefore, fingered two together supply and demand factors in disclosing the problems. It inspected past efforts at redressing them and submitted ways of enduring existing programs, and drawn consideration to the need to revive those that had departed moribund. Recommendations contained minimizing the problem of country-urban exodus, locating industrial undertakings in rural extents, boosting land/rural development through renovation and vocational preparation of the rural folks.

Author(s) Details:

Abosede A. Usoro,

Department of Business Management, University of Calabar, Calabar, Nigeria.

Udeme I. Udongwo,

Department of Business Management, University of Calabar, Calabar, Nigeria.

Friday S. Ebong,

Department of Economics, University of Calabar, Calabar, Nigeria.

Charles Effiong,

Department of Business Management, University of Calabar, Calabar, Nigeria.

Please see the link here: https://stm.bookpi.org/CTBEF-V8/article/view/11333

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