A Labor economist says Ghana’s unemployment situation is purely a case of skills deficit in the country.
Prof. Baah Boateng said there are jobs yet many lack employable skills to land these jobs.
In an exclusive interview with JoyBusiness, he argues the best way to deal with unemployment in Ghana is by first striking a difference between job creation and employment.
According to him, “there is a difference between jobs and employment. A job is an instant service to a temporary need. If I need my garden shaped, I indulge the service of a gardener – that’s not employment.”
CEO of the National Youth Authority, Emmanuel Sin-nyet Asigri, says new programs are being churned out by the National Youth Authority (NYA) to deal with the skills-deficit in Ghana’s employable population.
He told JoyBusiness “10,000 young Ghanaians in the informal sector will be engaged in a skills training program that will make them employable especially in the manufacturing sector”.
Unemployment remains a challenge to every country, especially developing economies like Ghana. With a burgeoning population 30 million and the fast-paced rate at which thousands graduate from various universities, it is quite obvious that the demand for jobs far outweighs the supply.
Information from Non-Governmental Organization (NGO), Star Ghana, show that the National unemployment rate nearly tripled from 5.2 per cent in 2013 to 14.1 per cent in 2017.
Also, the International Labor Organization estimated that youth unemployment among 15 to 24-year-olds was 4.9 per cent.
To this end, successive governments have all come up with policy interventions to deal with the menace of Ghana’s youth not having jobs or employment. The question though is whether the challenge has been with the lack of jobs or unemployment.
Watch video below:
Have your say
More Business Headlines
- GES-SIC Life launch insurance policy for teachers
- Western North: Cocoa farmers, landowners meet over controversial lease pact
- Police pick up GUTA executives over trade fracas with foreigners
- US billionaires' group calls for wealth tax
- Vodafone’s unveils new offer that allows you to share data in the family
- Zimbabwe ends decade of dollarisation in new currency reform
- China: Africa projects should be sustainable, denounces criticism
- Foreign MoMo operators must have 30% local participation to secure license – BoG
- Special Prosecutor, CHRAJ to assist PIAC to fight misuse of petroleum funds
- KPMG appoints new Senior Partner
- Gov’t gives boost to livestock industry with 'Rearing for Food and Jobs' programme
- Standard Chartered, GCX sign MoU to support farmers
- Premier picks Health Insurance Brand of the Year 2018
- DVLA, Guinness Ghana roll out new drink-drive module
- Access Bank unveils new logo; targets unbanked population through financial technology