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Economy | Nigeria Economy

NBS Online Recruitment Report

Nov 06, 2015   •   by   •   Source: Proshare   •   eye-icon 5021 views

Friday November 6, 2015 / 6.24am /National Bureau of Statistics
 

In recent times, employment has become a serious topical worldwide. As the world economy continues to grow at rates well below the trends that preceded the onset of the global crisis in  2008, it is unable to close the significant employment gaps that have emerged. The challenge of bringing unemployment and underemployment back to pre-crisis levels now appears as daunting a task as ever, with considerable societal and economic risks associated with this situation.
 

In Nigeria, the employment situation has been no less challenging than has been in other parts of the world, both for employers and suppliers of labour alike. The number of unemployed in the labour market seeking jobs opportunities is ever increasing, while others with jobs are seeking better job opportunities to fulfil their individual aspirations. Due to this surge in demand for jobs, there has been a big squeeze in the number of available jobs in the market, as job supply has not kept up with demand. Employers of labour have also had serious difficulties in recent times. It has been a challenge finding staff with the requisite skills and character to fill existing openings in their firms. The sheer amount of time, energy and resources involved in advertising, sorting through thousands of CVs and interviewing candidates for roles has presented companies with a major bother.
 

This problem has resulted in many companies in Nigeria today seeking the services of recruitment firms. This in turn has seen an increase in the number of recruitment firms operating in the country and has also changed significantly traditional ways of applying for jobs. The National Bureau of Statistics, in fulfilling its mandate to make available information on all facets of the Nigerian economy, has partnered with Jobberman, the foremost recruitment service company in Nigeria to periodically publish information on online recruitment activities in Nigeria.
 

The information published in this report covers the period May to September 2015 and is by no means a replacement to data generated from our regular Quarterly Job Creation Survey or the Quarterly Labour Force Survey. It is simply additional labour market information, specifically on online recruitment activities, generated for the purpose of enriching the already existing database. Though Jobberman occupies the largest share of the online recruitment market in Nigeria, the information published in this report is only indicative of the activities in the industry and not necessarily conclusive.
 

Highlights:

· The number of applications completed rose significantly over the period under    Consideration, rising from 212,409 in May to 313,694 in September. In contrast, the number of vacancies posted remained relatively stable, from 3,897 in May to 4,441 in September, meaning that they have become more competitive over the period.

· The Trade/Services industry dominated in the number of vacancies posted, with over two thirds of vacancies were posted by companies operating within this industry, and an average of 36% of applications made during the period made to such companies.

·  The majority of applicants were highly educated, with over 70% being educated to degree level or higher. In addition, the majority of applicants were between the ages of 20 and 30 years.

·  Lagos State was the most active and dominant state during the reference period,    Accounting for over half of both applications and vacancies posted. Over 7,000  Applicants were based outside of Nigeria.
 

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