Since 2014
Population and its Impact on level of Unemployment in Least Developed Countries: An Appraisal of the Nigerian Economy
Euro-Asian Journal of Economics and Finance
View Archive Info| Field | Value | |
| Title |
Population and its Impact on level of Unemployment in Least Developed Countries: An Appraisal of the Nigerian Economy
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| Creator |
Imoisi, Anthony Ilegbinosa; College of Social & Management Sciences, McPherson University, Ogun State, Nigeria
Olatunji, Lekan Moses; School of Graduate Studies, Faculty of Social Sciences, Department of Economics, University of Port Harcourt, Rivers State, Nigeria Praise, Ubi-Abai Itoro; School of Graduate Studies, Faculty of Social Sciences, Department of Economics, University of Uyo, Akwa-Ibom State, Nigeria |
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| Subject |
Population Growth, Unemployment, Public Private Partnership, Rural- Urban migration, Corruption, Entrepreneur Drive
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| Description |
This paper deals with the population and the problem of unemployment in LDCs. The economies of the LDCs are characterized by high population growth. They are facing great challenge in generating adequate job opportunities for their teeming population. Many facts and data from notable authors, agencies, websites and organizations were analyzed and discussed in this paper regarding this problem. Nigeria is not left out as their population ever increases with limited number of job opportunities. The factors responsible for the increase in the level of unemployment in Nigeria includes: rural urban migration, wrong government policies, urban bias, lack of population control, lack of mental skill and practicability, corruption and Inspirited Entrepreneur drive. Reviewing the socio-economic organization, monitoring rural-urban migration, promoting agriculture and entrepreneurship programmes, Investment in human capital, and encouraging Public Private Partnership etc were some of the recommendations made to avoid a “worst-case scenario” of the above problem and to realize the nation’s vision as being one of the leading economies by the year 2020.
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| Publisher |
Academy of Business & Scientific Research
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| Contributor |
—
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| Date |
2014-01-02
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://absronline.org/journals/index.php/eajef/article/view/122
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| Source |
Euro-Asian Journal of Economics and Finance; Vol 2, No 1 (2014): January; 28-42
2310-4929 2310-0184 |
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| Language |
eng
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| Relation |
http://absronline.org/journals/index.php/eajef/article/view/122/143
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| Rights |
Copyright (c) 2014 Euro-Asian Journal of Economics and Finance
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