Abstract

Macroeconomic Reforms and Labour Market Performance: Evidence from Nigeria

Highlights

  • The goal of promoting employment generation becomes one of the high priorities in both developing and developing economies

  • Sustainable Development Goals (SDGs) 8 stressed the reasons to generate and promote employment opportunities to sustain per capita economic growth in agreement with national circumstances connected with SDG 12

  • Promoting employment generation becomes one of the high priorities; this resulted in introducing macroeconomic reforms, policies and programmes by the Nigerian government

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Summary

Introduction

The goal of promoting employment generation becomes one of the high priorities in both developing and developing economies. Sustainable Development Goals (SDGs) 8 stressed the reasons to generate and promote employment opportunities to sustain per capita economic growth in agreement with national circumstances connected with SDG 12. These goals are predominantly pertinent for developing econ105 omies with a high unemployment rate than developed economies (IMF, World Economic Outlook, 2020). In this study, we consider the implication of economic reforms in Nigeria context and its relationship with employment before introducing major reforms, and after the introduction and comparison, the assessment was carried out to ascertain the implication of the reforms on the labour market within the time frame perspectives. Nigeria is endowed with natural resources, but the high unemployment rate and lowincome rate remain major macroeconomic problems

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