By Editor | October 2, 2020 | 0 Comments

Remote working and jobs available in the Nigerian Economy

Remote working and jobs available in the Nigerian Economy. Nigeria’s unemployment rate as at the second quarter of 2020 is 27.1% indicating that about  21,764,614 (21.7 million) Nigerians remain unemployed. Nigeria’s unemployment and underemployment rate (28.6%) is a combined 55.7%. This means the total number of Nigerians who are unemployed or underemployed as at 2020 Q2. This is contained in a recently released unemployment data report published by the National Bureau of Statistics. Nigeria’s unemployment rate was 23.1% in Q3 2018 confirming it increased by 4% points between then and the second quarter of 2020. Whilst we are still awaiting figures for the third quarter and indeed the rest of the year, it goes without saying that the Nigerian economy like every other economy in the world has been adversely effected by the global pandemic. Nigeria who is africa’s top oil producer was also reeling from a collapse in crude prices earlier in the year and is suffering from rampant dollar shortages. The combined effect of this is that an economy which was already struggling to cater for its vast population is put under more strain. The story is however not all doom and tragedy, as an unpredicted effect of the pandemic has been the new work from home policy which has in turn served to open an entirely new workforce and has created new job roles better suited to the modern dynamics of the 21st century. Job seekers have become more attune to the times and have started harnessing skills that would be more suited for remote working, whilst remote jobs are much more easily accessible to preferred candidates. Data gathered from recruitment websites such as MMC has shown that employers are more focused on candidates with competencies and skills that will better enable them to function adequately as remote employees and adapt new work place etiquettes. As we prepare and anticipate the resurgence of several world economies, Nigeria included, we have no doubt in our minds that Remote working is the future. Job seekers who are not properly equipped to embrace this new reality will get left behind. We encourage candidates to take on courses, attend seminars and undergo trainings that will properly place them in positions to attract job opportunities.