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Impact of Population Growth on Unemployment in Nigeria

Filed in Current Projects, Economics Project Topic by on September 25, 2020
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Impact of Population Growth on Unemployment in Nigeria.

ABSTRACT

This research’s main objective is to study the dynamic relationship between population growth and unemployment in Nigeria.

The study is of utmost importance as it addresses a strategic aspect of the economy and also considering the fact that the country has been experiencing a slow growth rate and a severe decline in development.

A regression model is used to describe  the statistical relationship between population growth and unemployment. It is hypothesized that population growth has a strong impact on unemployment in Nigeria.

It is assumed that a positive relationship exists between population growth and unemployment. A highly significant result was obtained after a simple regression was carried out which shows that population plays a role in the rise of unemployment in Nigeria which implies that a rise in population growth leads to a rise in unemployment.

Many reasons have been attributed as to why population growth is on the rise and how it proportionately affects unemployment. The major reasons for a rise in population include increase in birth rate, socio-cultural beliefs and improvement in welfare and medical facilities.

Although the positive effects of population cannot be overlooked, it is also important to note that its negative effects highly outweigh its positives.

When there is high population, the country tends to exceed its carrying capacity, which means that the country can no longer support its large population in terms of resources as well as job opportunities.

The problem of unemployment is very alarming and demands urgent attention and solutions as its effects are very severe. Some of its effect include; increase in income inequality, rise in criminal activities like Boko-Haram and decline in the general standard of living.

It is expected that everyone on all grounds including individuals, agencies and government to take a stand and play important roles in stabilizing population growth as well as minimizing unemployment in the country in order to improve the country’s growth and development on all grounds.

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

BACKGROUND STUDY …
BRIEF HISTORY OF POPULATION GROWTH TREND IN NIGERIA .
RESEARCH STATEMENT ……….. 9
RESEARCH OBJECTIVES ………….. 9
RESEARCH QUESTIONS ………………….. 9
RESEARCH HYPOTHESES ………… 10
SIGNIFICANCE OF THE STUDY ………….. 10
KEY TERMS: ….. 11

CHAPTER 2 LITERATURE REVIEW

FACTORS THAT CAUSES UNEMPLOYMENT IN NIGERIA ………… 13
EFFECTS OF UNEMPLOYMENT IN NIGERIA ……… 15
FEATURES OF A RAPIDLY GROWING POPULATION …………. 17
REASONS FOR NIGERIA’S INCREASING POPULATION ………… 18
IMPLICATIONS OF A FAST GROWING POPULATION ON NIGERIA … 20
POSITIVE EFFECTS ………………. 20
NEGATIVE EFFECTS OF HIGH POPULATION…………. 21

CHAPTER 3

A CASE STUDY OF CHINA’S ONE CHILD POLICY ……….. 24
EFFECTS ON POPULATION GROWTH AND FERTILITY RATE…… 26

CHAPTER 4

METHODOLOGY ….. 33
SOURCES OF DATA …….. 33
PROBLEMS ENCOUNTERED ………….. 34
PRESENTATION AND ANALYSIS OF GRAPHS ……… 34
REGRESSION MODEL …………… 37
DATA ANALYSIS ….. 38

CHAPTER 5

DISCUSSION OF RESULTS AND FINDINGS ……….. 40
SUMMARY REVIEW ………… 41
RECOMMENDATIONS TO POPULATION …. 42
RECOMMENDATIONS AND POLICIES FOR UNEMPLOYMENT ……. 43
BIBLIOGRAPHY ……….. 45

INTRODUCTION

The main objective of this paper is to study and analyze the relationship between unemployment and population growth in Nigeria.

Unemployment and population are two solid indicators to a country’s development and growth.

According to the economics help organization, Unemployment can be explained as the number of people or people in the workforce who are willing, able and capable to work but do not have a paid job.

Unemployment is mostly used as a tool to measure the health of the economy. The unemployment rate is often used as a measure to unemployment.

Population on the other hand is defined according to Michael Todaro as the number of individuals living in a country.

This research aims to analyze the correlation between population and unemployment and how a rise in unemployment affects the growth and development of the country.

BIBLIOGRAPHY

Issues and Trends in China’s Demographic History. (2009). Retrieved October 25, 2017, from Asia for Educators: http://afe.easia.columbia.edu/special/china_1950_population.htm

Adrián Avuk, K. B. (2012, May 22). Economic Impact of One Child Policy In People’s Republic of China.

Anqi, F. (2015, January 22). China’s labor force shrinking. Retrieved October 27, 2017, from China.Org cm: http://www.china.org.cn/china/2015-01/22/content_34625754.htm

Anthony Ilegbinosa, O. U.-A. (2013). POPULATION AND ITS IMPACT ON LEVEL OF UNEMPLOYMENT IN LEAST DEVELOPED COUNTRIES: AN APPRAISAL OF THE NIGERIAN ECONOMY. European SocialScience Research Journal, 1(4), 277-279.

Aurangzeb, D. (2013). Factors Effecting Unemployment: A Cross Country. International Journal of Academic Research in Business and Social Sciences, 3(1), 219-230.

Banister, J. (1992). The Population of Modern China. In D. P. al, A Brief History of China’s Population: (pp. 51-57). China: Springer Science Business Media New York.

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