Inflation in Nigeria significantly impacts unemployment rates, study confirms.
The study looked at how inflation affects unemployment in Nigeria from 1988 to 2013. They found that as inflation goes up, unemployment goes down, showing a clear relationship. This means that high inflation can lead to lower unemployment rates in Nigeria. The researchers suggest that the government should focus on developing the agricultural sector, invest more in the real sector, improve communication between employers and employees, and pay close attention to implementing policies.