Categories: Business

Over 400,000 Jobs Created In Third Quarter – NBS

Latest data from the National Bureau of Statistics (NBS) show that a total of 475,180 new jobs were created in the third quarter of 2015.

In its third quarter survey, the NBS explained that this represents an increase of 236.1 per cent, compared with the previous quarter, and 36 per cent compared to the third quarter of 2014.

According to the Bureau, the increase in the number of jobs was driven mainly by informal sector jobs, which accounted for 90.2 per cent.

The labour force population increased to 75.9 million from 74 million in the second quater, representing an increase in the labour force by 2.60 per cent.

It was followed by formal sector jobs, which accounted for 8.8 per cent, while the public sector generated 4,818 jobs, representing 1.01 per cent of jobs in the period under review.

The informal sector accounted for over 90 per cent of total jobs in the third quater, and were predominantly in rural agricultural activities

Donyoh Donney

Disqus Comments Loading...
Share
Published by
Donyoh Donney

Recent Posts

Japan Fight Back Against Netherlands In World Cup Thriller

The Dutch looked like they would hold on, but Japan levelled at the death, with…

4 hours ago

US-Iran Peace Deal Announced With ‘Permanent’ End To Military Action

The war began in late February when the U.S. and Israel struck Iran, prompting Iranian…

4 hours ago

Trump Insists Iran Deal ‘Hours’ Away, Despite Israeli Strike On Beirut

Tehran has long demanded that any agreement to halt the war must include the parallel…

5 hours ago

Stop Political Campaigns And Focus On Security Challenges, Amachree Tells Tinubu

The ex-DSS deputy director also criticised the slow pace of security reforms, noting that urgent…

5 hours ago

In Crisis-Hit Cuba, 2026 World Cup Offers Brief Respite

Many Cubans speak nostalgically of World Cups past, when all the games were broadcast by…

5 hours ago

Germany Hammer World Cup Debutants Curacao 7-1

German goalkeeper Manuel Neuer, who at 40 is the oldest German player ever to appear…

7 hours ago