National Bureau of Statistics has released its job creation survey, which states that the nation’s economy generated 427,294 new jobs in the third quarter of 2012.
A copy of the report, which was signed by the Statistician-General of the Federation, Yemi Kale, was emailed to our correspondent on Wednesday.
It said the need to fill a position vacated by an ex-employee recorded the highest percentage of those employed with 29.9 per cent,
This was followed by the need for business expansion, with 20.2 per cent
The report also added that 56,528 employees exited from various businesses in the third quarter of 2012 with most of them from the clerical cadre
The bureau also added in the report that the informal sector, with 240,349 fresh new jobs, generated the highest employment within the period under review.
The 240,349 figure, it noted accounted for 55.25 per cent of the total number of jobs created in the period.
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