ABSTRACT

The study has thus far rigorously investigated the relationship between human development, unemployment and economic wellbeing in Nigeria. The study had also conducted an empirical investigation to further explore the relationship between these variables. Using the OLS estimation technique, time series data linear regression methodology and also the study covered a period of 35 years (1981 to 2015). From the empirical study, it was discovered that human development generally is a significant determinant of economic wellbeing in Nigeria while Unemployment rate is an insignificant determinant of economic wellbeing in Nigeria for the period under study. In line with the findings emphasis should be placed on human development as it is vital for economic wellbeing improvement in Nigeria, through improvement in educational and health facilities in the country.