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The Impact of Labour Market Crisis on Developing Economics the Nigeria Experience (1980- 2010)

The Impact of Labour Market Crisis on Developing Economics the Nigeria Experience (1980- 2010)

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DEDICATION

This research material, titled “The Impact of Labour Market Crisis on Developing Economics the Nigeria Experience (1980- 2010)” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.



ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on The Impact of Labour Market Crisis on Developing Economics the Nigeria Experience (1980- 2010) provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.



ABSTRACT

This research work tries to investigate the impact of labour market crisis in developing economics using Nigeria as a case study .Using Nigeria as a case study. Using ordinary least square the study shows that there is a negative relationship between labour market crisis and economic growth; Also inflation was found to reduce production output and economic growth. Based on these findings this study recommends that government should apply reconciliation technique with labour unions so that production output would not be affected also policies such as unemployment benefit and reduction in wage inequality should be applied.


The Impact of Labour Market Crisis on Developing Economics the Nigeria Experience (1980- 2010)

CHAPTER ONE

1.1 Background Of The Study

The Nigeria labour market in recent years has experienced problems such as strikes, unemployment and reduction in productivity.

Labour conflict is a phenomenon that most often takes the form of strikes [where they are permitted] or, as in the public sector in the united states the arbitration procedures. In the United states arbitration is frequently used in the public sector when strikes are forbidden. The arbitrators are generally experts picked by the employers and unions following a procedure setout by the government.

Unemployment is one of the developmental problems that face developed and mostly developing economics of which Nigeria constitute 2/3 [two third] of the population of developing countries. During the last 30 years, the industrialized countries have evolved in different directions with respect to unemployment.

…

CHAPTER TWO

2.0 Literature Review

2.1 Introduction

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