LOCAL NEWS SOCIETY GIST JOB CREATION: LAGOS TO DESIGN A DATA SYSTEM FOR THE LABOR MARKET By Admin Posted on 2 weeks ago 5 min read 0 0 Share on Facebook Share on Twitter Share on Google+ Share on Pinterest Share on Linkedin By Aishat Momoh. O. The Lagos State Government has stated that developing a labor market data system, as well as scaling up skill development capability through technical, vocational education and training, is vital to lowering unemployment in the state and country at large. The goal of the information system’s design and development is to deliver accurate and reliable data on residents’ current employment status to job creators, employers, job searchers, and other stakeholders. This was revealed at an event titled “Lagos4Jobs: Public-Private Dialogue on Labour Market in Lagos State,” which was conducted at the Eko Hotels and Suites in Victoria Island in partnership with the Lagos State Employment Trust Fund (LSETF) and German Cooperation GIZ. The Lagos government’s initiative is aimed at youngsters in order to solve the state’s high unemployment rate, close the gap between job availability and employability in the labor market, and boost youth involvement in technical and vocational education. “To drive activities around job creation, it is vital to build a system that delivers accurate and trustworthy data on current job status of inhabitants of Lagos state,” stated Mr. Sam Egube, Commissioner for Economic Planning and Budget. A platform that allows many parties to pool their knowledge, expertise, and activities in order to achieve a single aim — job creation and employment. “A Labour Market Information System (LMIS) will aggregate data of Lagos residents using unique identification numbers such as LASRRA numbers and Tax IDs to track job status of residents in order to develop initiatives that drive and continue to sustain employment and job creation,” says the statement. The Commissioner stated that there is agreement in Lagos State on the need to combat unemployment, particularly among the youth, and that existing actions by many stakeholders in the commercial and governmental sectors are fragmented, posing a significant issue. He also emphasized the importance of significant actors holding dialogue sessions to share information and discuss solutions to close the gap. “While there is agreement in Lagos State on the need to address unemployment, particularly among the youth, operations by many stakeholders in both the commercial and public sectors are currently fragmented,” he said. Tobias Wolfgarten, Teamlead, GIZ Skill Development for Youth Employment (SYKE) Project in Lagos, said the discussion would provide opportunities for diverse stakeholders to discuss important topics like as job creation, skill development, and sustainable growth for decent employment. Following that, he said, meetings of all stakeholders in the private and public sectors in Lagos State, as well as some federal government agencies based in the state, will chart the course for technical working groups, where discussions on topics such as technical and vocational education and trainings (TVETs), employment promotion, digital transformation, migration, re-integration, and budding entrepreneurs will take place.