JOB APPLICATIONS IN NIGERIA DOWN 36.8% FIRST QUARTER.


If the job application report for the quarter to March put together by National Bureau of Statistics (NBS) and Jobberman, is anything to go by, then job applications dropped by 36.8% during the period.

According to the report released by  NBS this week,  there was a total of 466494 recorded applications for jobs within the quarter. This was down 36.8% on the 737033 total recorded in the fourth quarter of 2015.

While the monthly figure decreased by each month through the December 2015 quarter, in the 2016 first quarter undulating trend was the case.

In October 2015, 318233 applications had been captured, decreasing to 248347 by November and 170,453 by December 2015.

Come 2016, an increase to 196,965 was recorded in January followed by a drop to 123657 applications in February before the rally in March to 145,872.

This makes March's 18% increase, month on month, the highest within the six months.

Also, says the report, trade and services continued to dominated recipients by sectors. In March, trade and services share of applications was 39.1% and it also accounted for 79.1% of vacancies captured.

Naturally Lagos too remained the dominant state of origin of the applications accounting for 53.73% of the first quarter figures which was slightly higher than 52.72% for the 2015 fourth quarter.

In addition, top average number of applications per job vacancies was 177 recorded in oil and gas followed by 150 for banking and finance.

Of the applicants, 9.56% were aged 27 years while 59.1% were aged between 20 and 27 years with above 27 years being progressively smaller.

Of the vacancies, 65.17% required first degree, 11.75% called for higher degree while 1.17% required WASCE as minimum.

Also the majority  (about 60.84%) required three years or less of experience amongst which those requiring only entry level accounted for about 29% of vacancies.

The report, says NBS is an online monitor put together as a collaboration between it and Lagos based recruitment form Jobberman.

It is more likely to be reflective of vacancies published on line by the formal sector. Meaning that Nigeria's huge informal sector falls outside it just as vacancies publicised outside the internet will not count.

However, it is a good base indicator that could progressively become more useful as more vacancies feature online.

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