YOUTH UNEMPLOYMENT AND THE URBAN INFORMAL SECTOR: A CRITICAL ANALYSIS

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2013-07-01

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Enterpreneurship Department, Nasarawa State University, Keffi

Abstract

This paper undertakes a critical analysis of youth unemployment and informal sector in Nigeria, as wel as its effects, causes and implications. Youths are very important stakeholder in any society. They are not only the future of Nigeria, but also a major stakeholder and useful resource in nation building. However, available data show that youth unemployment is very prevalent in Nigeria with far reaching implications for stability of the economy. Successive governments have failed to create new jobs and to ensure job security. This paper suggests the strengthening of the informal sector as an alternative strategy towards job creation and hence alleviating the poverty situation in Nigeria. To move out of poverty, jobs must be created in micro, small and medium enterprises as a right step in attaining the desired reduction in the. level of poverty.

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Keywords

Youth, Unemployment, Informal Sector, Effects

Citation

Abdulmalik, Y. O (2006). Research Methodology in Business and the Social Sciences, Abuja: Almalik& Company Printers and Publishers. Adebayo, A. (1999). Youth unemployment and National Directorate of Employment selfemploy mentprogrammes. Nigerian Journal of Economics and Social Studies 41 (1). 81- 102. Adepoju, A. (1986). Rural Migration and Development in Nigeria.Department of Geography and Social Statistics, University of Ifc, Nigeria. Ademu, W.A (2006). The Informal Sector and Employment Generation in Nigeria: The Role of Credit”. NES 2006 Annual Conference Akale, O. (1995). Regulations of Trade and Investment in Nigeria, Regulation of Trade and Investment in an Era of Structural Adjustment: The African Experience, Lagos: Nigerian Institute of Advanced Legal Studies. Anyanwu E. O. and Ukpong, E.A (2001). “Human Capital Development and Global Opportunities in Information Technology in Nigeria”.,ed National Manpower Board, Abuja. Asika, N. (1991). Research Methodology Statistics in the Behavioural Sciences, Lagos, Longman. Baridam, D.M. (1995). Research Methods in Administrative Sciences, University of Port Harcourt, Port Harcourt, Nigeria. Bennel, P, (2000) Jmproving Youth Livelihood in SSA Report to the International Development Center. Bhatt, V. V. (19^0).Development Perspectives: Problems, Strategies and Policies, Oxford: Pergamom Press. Bygravc, W. D. (1997). ‘The Entrepreneurial Process” Bygrave W. D (ed) The Portable MBA in Entrepreneurship, 2nd edition. New York: John Niley& Sons Inc. Can-ee, M. A and A. R. Thurik, (2003). “The Impact of Entrepreneurship on Economic Growth”, Zoltan, A. C and D. Andretsch (eds) International Handbook of Entrepreneurship Research. Dordrecht, Netherlands: Kluwer Academic Publishers. Chigunta, F. (2002). The Socio-economic Situation of Youths in Africa: Problems, Prospects and Options. A Paper Presented at the Youth Employment Summit, Alexandria, Egypt, pp. 1-13 Coleman, J.W. (1996). Social Problems, Harper Collins College Publishers, New York, USA. Curtain, R. (2000). Towards a Youth Employment Strategy. Report to the United Nations on Youth Employment. Curtain, R. (2004). Strategies for Creating Employment for Urban Youth with Specific reference to Africa. Division of Social Policy and Development. Pp. 1-24 Damachi, N.A. (200\).Evaluation of Past Policy Measures for Solving Unemployment Problems. Bullion Publication of the Central Bank of Nigeria 25 (4) 6-12. Dantwala, M. (1911).The Definition and Measurement of Unemployment in Developing Countriespp 29- 39

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https://keffi.nsuk.edu.ng/handle/20.500.14448/2253

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