The National Bureau of Statistics on Wednesday said the country’s unemployment rate has risen from 12.1 per cent in the first quarter of this year to 13.3 per cent as at the end of the second quarter.
The bureau stated this in the unemployment report which was released by the Statistician General of the Federation in Abuja.
In the report, the bureau said the number of people that are unemployed or underemployed increased from 24.4 million as at the end of the first quarter to 26.06 million persons.
The bureau also released the Consumer Price Index, which measures inflation rate and it showed the index increased by 0.6 per cent from 16.5 per cent in June to 17.1 per cent in July.
The bureau in the report attributed the increase to high energy prices which it added impacted negatively on the index.
It said despite the fact that the country is in a period of harvest, it had yet to feel the impact as food prices were still on the increase.