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State of labour market upsets youths’ job aspirations — NBS survey

OSBC_Admin by OSBC_Admin
August 25, 2021
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A National Bureau of Sta tistics, NBS, survey has shown that youths’ job aspirations are misaligned with the state of the country’s labour market, especially following the COVID-19 crisis.

The survey report titled: “COVID-19 Impact Monitoring Round 12, April 2021”, revealed that the development could result in widespread disappointment and frustration without appropriate policies

The report also indicated that most of the employed youths from poor household rely on their jobs for economic wellbeing while reverse is the case with those from rich households.

The survey report stated: “Young Nigerians also continue to aspire to good professional jobs; these aspirations seem to be misaligned with the state of Nigerian labour market, especially following the COVID-19 crisis, which could result in widespread disappointment and frustration without appropriate policies.

“When asked what their dream job is, the most commonly reported was trader or business person (22 per cent). It is the most common even among the different subgroups of youth, such as by sex or consumption quintile.” 

On income, the report stated: “Differences in income/money sources across consumption quintiles are also considerable: 64 per cent of youths in the poorest 20 per cent of households rely on income from their regular job while only 38 per cent of youths from the richest 20 percent of households reported this source as their main income source while relying more heavily on parents or family for income.” 

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