NBS: More Nigerians lost jobs in February

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Data from the National Bureau of Statistics (NBS) on Tuesday showed that the share of Nigerians who worked in February this year reduce by two percent from 72 percent last September.

This is revealed in a document titled: COVID-19 impact monitoring February 2021, which showed that the share of Nigerians who worked in February 2021 was only slightly lower than the share who worked last September, and higher than the share who worked in January/February 2019.

The document stated: “Yet, in February 2021, 70 per cent of working-age Nigerians (those aged 15-64 ) were working, only a little below the share (72 per cent) observed in September 2020, and higher than the share observed in January/February 2019 (64 per cent).”

The document also stated that the share of Nigerians who worked in February 2021 was higher than what was observed before the pandemic, which could be a result of “an added worker” effect where households boost their overall labor supply to cope with negative economic shocks.

“The share of workers engaged in commerce was higher in February 2021 (37 per cent of workers) than in September 2020 (26 per cent of workers) and in January/ February 2019 (27 per cent of workers); this shift towards commerce was also concentrated among women.

“The share of Nigerians deploying safe practices to prevent the spread of COVID-19 – including hand-washing and mask wearing –recovered in February 2021 compared to November 2020, following the second wave of COVID-19 cases in December 2020 and January 2021.

“Around 65 per cent of respondents reported being “very worried” about themselves or an immediate family member becoming seriously ill with COVID-19, with concerns being more widespread amongst respondents in lower consumption quintiles.

“Some 83 per cent of respondents reported that they would agree to be vaccinated against COVID-19, with respondents in lower consumption quintiles being the most willing to be vaccinated, although overall willingness to be vaccinated declined slightly; messaging around vaccines and monitoring their uptake will be crucial for supporting efforts to immunise Nigeria’s population.”

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