Claims by the current Mahama administration that it has created over 6,000 jobs in the last four years have been discounted by a new World Bank report, which indicates that almost half (48 percent) of Ghana’s youth aged between 15 and 24 are without jobs.
The report: ‘Landscape of Jobs in Ghana’ said young women in the country were particularly disadvantaged and had much higher job inactivity rates than their male counterparts.
It also said 17 percent of young females were inactive as opposed to 11 percent of males.
Lead researcher and Senior Economist at the World Bank, Sara Johansson has advised government to equip the youth with relevant skills through the educational system.
The report further said a youth unemployment bulge was likely to happen in the years ahead.
Government, it would be recalled, recently stated that close to 96,000 additional youth had been trained to create their own jobs.
According to the Ghana Living Standards Survey for 2012/2013, unemployment was marginally higher for females (2.0 percent) than males (1.6 percent) and higher in urban areas (3.5 percent) than in rural areas (0.8 percent).
The GLSS estimates that 250,000 young men and women enter the Ghanaian labour market every year with only two percent absorbed in the formal sector while 98 percent seek employment in the informal sector or remain unemployed.
Dr Yao Graham, Campaign Coordinator of the Third World Network, at a recent national forum on inclusive growth in Accra, dispelled government’s claim that it had created thousands of jobs through its economic management and infrastructural development programmes.
“Many of the business associations are on record telling us some of the challenges they face. Creating a productive enterprise for example in manufacturing and agriculture which is producing for domestic consumption, it’s very difficult because policies are biased in favour of those who are producing for export.”
By Samuel Boadi
A Freelance Journalist, Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A contributory writer for Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow (YALI) who studied at Clark Atlanta University on the Business and Entrepreneurship track. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morganview all posts by: Nana Kwesi Coomson
233times.com is a Ghanaian media house which serves as a major source of exclusive interviews ,music and video downloads, news and more.
233times.com reports on major events,news covering entertainment, politics, sports, etc from within Ghana, Africa and beyond.
We have a platform for the amateur artistes to portray their staggering talents ...more...
To advertise with us or make enquiries, please visit 233times.com/advertise or call +233249455142 (Selorm), +233248185848 (Nana Kwesi)