Unemployment And It's Effects On Nigeria Youths

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY Current World Population include an estimated 1.2 billion young people between the ages of 15 and 24 years, which is about 24.7% of the world’s working age population. Worldwide youth unemployment is high, almost three times higher than the adult unemployment rate. With the economic downturn, the worldwide youth unemployment is expected to reach 25% in 2012 (International Labour Organisation, 2008). In certain parts of the world, especially Sub-Saharan, African, youth unemployment rates can be as high as 60%. More than one third of the yo…