Audio By Carbonatix
The latest social development outlook by the Institute of Statistical, Social and Economic Research (ISSER) has uncovered a concerning trend in Ghana's labour market: unemployment rates are highest among female youth.
The report sheds light on the challenges faced by the country in creating sustainable and secure employment opportunities, particularly for women and young people.
The study identifies various factors that have influenced the nature and quality of employment in Ghana, including past economic conditions such as structural adjustment policies and current global events like the COVID-19 pandemic and the Russian-Ukraine war.
These economic and global conditions have contributed to a negative relationship between GDP growth and joblessness, reflecting the structural changes the Ghanaian economy has experienced over the past four decades.
One notable shift in the economy is the changing contribution of sectors to GDP and their respective employment creation.
While agriculture has dropped to the second spot in terms of its contribution to GDP, it remains the largest sector for employing the majority of Ghana's population. However, the agricultural sector's contribution to employment is steadily declining.
The ISSER report highlights that women and youth, in general, face higher rates of unemployment, with female youth experiencing the highest unemployment rates nationwide. Furthermore, unemployment rates are generally higher in urban areas compared to rural areas.
Self-employment has remained the dominant form of employment since 2000, with more women than men engaged in self-employment activities.
However, the percentage of people employed in waged work has significantly increased since 2000, indicating a shift in the employment landscape.
In response to these alarming findings, ISSER recommends a range of measures to address the unemployment challenges in Ghana.
The report suggests investing in sectors that have the potential to create numerous decent jobs, implementing labour reforms to protect workers' rights, and ensuring state programs for unemployed youth guarantee job security.
Additionally, the report advocates for affirmative action programs to enhance female youth employment rates and emphasizes the importance of investing in sectors that can provide employment opportunities for the country's youth.
Latest Stories
-
Frank Davies slams Special Prosecutor as INTERPOL deletes Ofori-Atta Red Notice
2 minutes -
Controller issues March 15 ultimatum for Ghana Card verification
2 hours -
Fuel prices set to surge as Cedi slides and global markets tighten
3 hours -
President Mahama honours August 6 helicopter crash widows with Valentine’s Day tribute
4 hours -
Vice President Naana Jane Opoku-Agyemang champions made-in-Ghana chocolates on Valentine’s Day
5 hours -
Six critically injured in gruesome head-on collision near Akrade
6 hours -
Gov’t to extradite foreign national who secretly filmed Ghanaian women to face prosecution – Sam George
7 hours -
U20 WWC: Black Princesses to play Uganda in final round of qualifiersÂ
7 hours -
Burundi takes the helm as African Union declares ‘war’ on water scarcity
7 hours -
‘I will never forget you’ – Kennedy Agyapong thanks supporters, NPP delegates after primaries
9 hours -
Woman found dead in boyfriend’s room at SomanyaÂ
10 hours -
Woman feared dead after being swept away in Nima drain amid heavy rain
10 hours -
Court grants GH¢10k bail to trader who posed as soldier at 37 Military HospitalÂ
10 hours -
Tano North MP secures funding to reconstruct decades-old Yamfo Market
10 hours -
Haruna Iddrisu discharged after road traffic accident
11 hours
