THE EFFECT OF UNEMPLOYMENT ON ECONOMIC ACTIVITIES IN EDO STATE:

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THE EFFECT OF UNEMPLOYMENT ON ECONOMIC ACTIVITIES IN EDO STATE: A CASE STUDY OF OREDO LOCAL GOVERNMENT

ABSTRACT

The research investigated the causes and effect of unemployment among school leavers in Oredo Local Government Area of Edo State. The need for this study arouse because of the alarming number of unemployed school leavers. Some of the hypothesis used for the study are as follows:

1.    High level of unemployment lead to low standard of living for people in Edo State.

2.    Unemployment bring about frustration among the school leavers in Oredo Local government Area of Edo State. 

3.    High level of unemployment hinders economic development in Oredo Local Government Area of Edo State. concerning methodology, the researcher used the unemployed school leavers questionnaire which was administered by t he respondents. The questionnaire are completed on the spot and collected by the researcher, tallied and transformed into frequencies with the use of simple percentage. The following findings were made; unemployment brings about hardship in Oredo Local Government Area of Edo State. Unemployment brings decrease in the national output as a result the wastage of human resources and high level of unemployment which lead to low standard of living for this people of Edo State. base on these findings the following recommendations were made to assist government to reduce the high rate of unemployment among school leavers in Oredo Local Government Area of Edo State, some of such recommendations are; the government should mobilize additional effort towards creating jobs opportunities, the government should mobilize private investors who declares high profit each year to invest part of the profit. And the government establishes farm settlement and agricultural industries this will be a good step in direction.

 

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THE EFFECT OF UNEMPLOYMENT ON ECONOMIC ACTIVITIES IN EDO STATE: A CASE STUDY OF OREDO LOCAL GOVERNMENT

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