UNEMPLOYMENT AND ITS IMPACT ON YOUTH OF SHOMOLU LOCAL GOVERNMENT AREA, LAGOS STATE


  • Department: Economics
  • Project ID: ECO0671
  • Access Fee: ₦5,000
  • Pages: 97 Pages
  • Reference: YES
  • Format: Microsoft Word
  • Views: 1,235
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The Project actually addresses the Problem; Unemployment in Nigeria, Using Shomolu Local Government as the case study and their Youths, which was later used to make Generalisation, on impacts of unemployment. on the youths of Nigeria.

  ABSTRACT

Economists believe that the economy achieves full employment when not more than 6 percent of people are unemployed and become redundant. Unemployment has become a global phenomenon, as an active instigator of economic problems; it has thrown challenges that cannot be ignored by nations, economists, experts, and government. That challenge is the need to constantly update with economic issues and maintained full employment, not to have any causality in the population distribution. Adequate work opportunities is a central need in all societies, it is highly painstaking when we considered modernization which is the powerful forces that have widened the gap between the ‘haves’ those who can take advantage to rapid technological and economic change and the “haves not” those who are unable and unwilling to do so. Do we now say that the economy has created Bias in the process of development? Except for retires, and other receiving government (where available). Most people rely almost entirely on salaries and wages to pay their bills and put something on their table and future, hence, no job, no earning and other effects set in. Unemployment, thus an important issue of the economy, that it requires careful and to expatriate to continuous looked into, the reason being that its rigidities can destroy, destabilizes the economy.   

TABLE OF CONTENTS

Pages

Title Page                                                                                                                                    i

Certification                                                                                                                                ii

Dedication                                                                                                                                  iii

Acknowledgments                                                                                                                      iv

Abstract'                                                                                                                                      v

Contents                                                                                                                                      vi

CHAPTER ONE: INTRODUCTION

1.1                                  Background of the Study                                                                                                  1

1.2                                 Statement of the Problem                                                                                          3

1.3                                  Objective of the Research                                                                                              4

1.4                                 Research Question                                                                                                       4

1.5                                 Research Hypothesis                                                                                                    4

1.6                                 Scope of the Limitation                                                                                              5

1.7                                Operational Definition of Terms                                                                         6
CHAPTER TWO: LITERATURE REVIEW

2.0                Unemployment                                                                                                               8

2.1                                 Unemployment Rate                                                                                                   10

2.2                Principal Types of Unemployment                                                                                  12

2.2.1          Frictional Unemployment                                                                                   12

2.2.2          Structural Unemployment                                                                                  13

2.2.3          Cyclical Unemployment                                                                                     14

2.3        Full Employment                                                                                                            14

2.3.1          Obstacles to Pull Employment                                                                           16

2.3.2          Minimum Wage Laws                                                                                       16

2.3.3          Labour Unions                                                                                                    1?

2.3.4          Unemployment Insurance                                                                                  19

2.3.5          Other Government Regulations                                                                          20

2.4        Special Employment Measures                                                                                       20

2.4.1                     Fiscal policy                                                                                                      22

2.4.2          Monetary policy                                                                                                 23

2.5                Relevance of Reviewed Literature                                                                                 23

2.6                Theoretical Review                                                                                                        24

2.6.1                     Ragner Nurkse Theory of Disguised Unemployment                                          24

2.6.2          Deprivation Theory                                                                                           25

2.6.3          The Natural Rate of Unemployment                                                                  27

2.6.4                      Relating the Above Theories to Nigeria                                                                   28
CHAPTER T
HREE: THEORETICAL FRAMEWORK AND METHODOLOGY

3.0           Introduction                                                                                                                     31

3.1                Research Methods                                                                                                           31

3.2           Study Location                                                    '                                                            32

3.3                Study Population                                                                                                             32

3.4           Sampling Techniques                                                                                                      33

3.5           Sampling Size                                                                                                                 34

3.6           Research instrument                                                                                                            34

CHAPTER FOUR

4.0           Introduction                                                                                                                      35

4.1                 Data Presentation and Analysis                                                                                        36
CHAPTER FIVE: DISCUSSION AND SUMMARY OF FINDINGS

5.1                 Introduction                                                                                                                      66

5.2           Discussion                                                                                                                         66

5.3       Summary of the Findings                                                                                                 6 9
CHAPTER SIX: CONCLUSION AND RECOMMENDATION

6.0           Introduction                                                                                

  • Department: Economics
  • Project ID: ECO0671
  • Access Fee: ₦5,000
  • Pages: 97 Pages
  • Reference: YES
  • Format: Microsoft Word
  • Views: 1,235
Get this Project Materials
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