ECONOMIC GROWTH AND UNEMPLOYMENT IN NIGERIA (1990-2011)

ABSTRACT

The topic of the study was Economic growth and Unemployment in Nigeria (1990-20 11) which

is a period of 21 years. Economic growth is the independent variable while unemployment is the

dependent variable. The purpose of the study is to establish whether there is a relationship

between economic growth and unemployment in Nigeria. It was guided by the objectives which

are to determine the level of economic growth, unemployment and the relationship between both

variables.

The hypothesis of the study was that there is no relationship between economic growth and

unemployment in Nigeria from 1990-2011 and t and f tests were used in analysis. In the

methodology, secondary data sources such as online sources, journals and textbooks were used

and data got online was analysed using correlation and regression analysis.

On correlation, there was a weak positive relationship (r= 0.3608) between economic growth and

unemployment in Nigeria at an assumed 0.05 level of significance and the researcher found out

that there was a weak positive relationship between the variables . Finally, the study recommends

the agricultural sector as a medium of reducing unemployment in Nigeria. It also advocates

increased labour promoting investment strategies to help curb the high level of unemployment in

the country.

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