Authorities Statistician, Dr. Alhassan Iddrisu
The Ghana Statistical Service (GSS) has launched the July 2025 version of the Quarterly Labour Statistics, revealing a marginal decline within the nationwide unemployment fee.
Based on Authorities Statistician, Dr. Alhassan Iddrisu, information collected from over 9,000 households throughout the nation confirmed that Ghana’s unemployment fee fell from 13.3% within the third quarter of 2024 to 13.1% within the fourth quarter of 2024.
“This modest decline we have seen indicators progress however reveals persistent misery. In 2024, youth unemployment stays alarmingly excessive at 22.5% for ages 15 to 35 and 32% for ages 15 to 24. This proof highlights the company of expanded and extra centered labor market practices and insurance policies resembling retraining and re-skilling applications to fight expertise mismatch and enhance employability,” he said.
Regardless of this enchancment, he emphasised that youth unemployment stays a significant concern. The figures present that in 2024, the typical unemployment fee amongst individuals aged 15 to 24 years stood at 32%, whereas these aged 15 to 35 years recorded 22.5%.
Dr. Iddrisu famous that the persistent youth joblessness indicators an pressing have to increase employment alternatives. He highlighted initiatives such because the 24-hour financial system coverage as examples of measures that would assist soak up the rising youthful labour drive.
Based on him, “this displays persistent youth unemployment challenges and disengagement from each work and training, reinforcing the necessity to increase financial alternatives, employment alternatives and initiatives and promote financial growth. We will do that by way of applications such because the 24-hour financial system, which is at present underneath implementation, to create extra versatile and accessible job alternatives.”
The Ghana Statistical Service additional offered suggestions for presidency to handle labour underutilization and expertise mismatch, stressing that aligning the abilities of job seekers with the wants of industries might be vital in reversing unemployment traits.
We’re proposing that there is a scale-up of apprenticeships, graduate employment schemes and likewise job placement providers. There would even be the necessity for presidency to reform and increase the TVET to match coaching with demand, particularly in digital, industrial and inexperienced financial system sectors. We advocate additionally that authorities ought to present reasonably priced credit score to small companies to spice up job creation, particularly for girls and youth,” he said.
Whereas Ghana’s unemployment fee exhibits a slight decline, the persistently excessive youth joblessness underscores the pressing want for focused insurance policies, expertise improvement, and expanded financial alternatives to handle the problem sustainably.
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