“Youth unemployment has also registered a decline from an average of 12.92%, between 2014 to 2016 to an average of 9.00% between 2017 to 2020”. Those were the words of the Vice President, Dr. Bawumia.
Absolutely TRUE! According to data put out by the World Bank, Ghana’s average youth unemployment rate indeed reduced from 12.92% (2014-2016) to 9.0% (2017-2020).
According to the World Bank data, the country’s youth unemployment rate increased from 13.384% in 2014 to 13.998% in 2015 then declined significantly to 11.388% in 2016 translating into a period average of 12.923%.
However, current statistics contained in the 2021 Population and Housing Census put youth unemployment (15-35 years) at 19.7% representing a percentage rise of 118.89% relative to the 9.0% between 2017 and 2020.
Simply put, youth unemployment in Ghana has more than doubled from an average of 9.0% (2017-2020) to 19.7% in 2021.
Further analysis shows unemployment rate among the population 15 years and older is 13.4% and is higher for females (15.5%) than males (11.6%). The 19.7% unemployment rate among the population between 15 and 35 is even much higher for young adults 15-24 years (32.8%).
Latest Stories
-
Government suspends implementation of price Stabilisation and Recovery levy on petroleum products
6 mins -
Takoradi traders lament over low sales ahead of Easter
2 hours -
Michael Ampadu: One Student, One Tablet initiative will shape the future of education and innovation
2 hours -
I will partner you for development – Alan tells TUC
2 hours -
Malnutrition, anemia remain concern to UNICEF
2 hours -
Kasoa shrinking penis: Court remands Electrician over false alarm
2 hours -
‘I look forward to working closely with President-elect Faye to enhance Ghanaian-Senegalese relations’ – Akufo-Addo
3 hours -
Girl, 8, only survivor as 45 killed in bus crash in South Africa
4 hours -
Biden to host star-studded NYC fundraiser with Obama and Clinton
4 hours -
GDNR, AAU and others launch Universal Acceptance for local languages in internet domain names
4 hours -
Ogum and Kotoko’s March malaise
6 hours -
BushGang Zee releases new afro dancehall anthem “Accra Stay By Plan”
7 hours -
2 repair vessels dispatched for undersea cable repairs – says NCA’s latest update
7 hours -
Multimedia Group Limited’s Clinton Yeboah shortlisted for 2 International Sports Press Association Awards
7 hours -
Supreme Court upholds High Court verdict on fraudulent sale of property by Senior Police Officer
7 hours