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Ghana’s battle with unemployment: obstacles and remedies

Unemployment continues to be a devastating issue causing widespread despair in the lives of Ghanaians.

Republic Online by Republic Online
July 4, 2024
in General, Local News, News, Opinion, Review, Top Stories
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Unemployment continues to be a devastating issue causing widespread despair in the lives of Ghanaians.

Despite government initiatives, unemployment has been a persistent issue in Ghana since independence, fluctuating between 10.50% in 2000 and 2.20% in 2013, with an expected rate of 4.0% in 2024 and 2025.

Rapid population growth can lead to increased competition for jobs, contributing to social unrest and criminal activities, as frustrated youths struggle to find employment.

In an interview with Jessica Asante a national service personnel, she said “We are many and as such the job market has become quite competitive. The possibility of the company retaining us after our service is quite low. Many of the youths after their national service, find it very difficult to get jobs and some even stay home for years”.

The government’s apparent lack of focus on addressing unemployment in Ghana suggests a lack of commitment, contributing to the persistence of this issue.

According to Isaac Amoah a level 400 student in Legon, he said “I would say the leaders of this country are not doing enough to address the issue of unemployment. I think the government should create more job opportunities, promote economic growth, and provide education and training programs to help reduce the number of unemployed people in the country”.

Corruption and greed continue to be two major reasons why unemployment persists in the country.

Philip Osei Bonsu, an entrepreneur emphasized how corruption has negatively impacted Ghana’s employment system. He began by saying “When individuals and corporations make greedy decisions, they prioritize their own financial gain over the welfare of others. And as such, there will be fewer job opportunities for most people. And they only extend a helping hand to those they deem worthy of having jobs”.

Although unemployment continues to be a devastating issue, there are ways or solutions which can help curb or reduce the unemployment rate in the country. Some experts have shared their ideas on how to tackle this menace.

Nathaniel Dwamena, President of YAFO Institute said” I think the government should provide financial aid to young entrepreneurs with repayment through taxes.  A national plan will help promote entrepreneurship and talent retention, prioritizing fairness and transparency in hiring based on skills and abilities, fostering an environment that supports business growth”.

Unemployment has far-reaching consequences, not just for individuals, but for the entire country. To create a better future for Ghana, all sectors must come together to address this issue.

ASAMOAH ASAAH KEZIAH

UNIMAC-IJ (FACULTY OF JOURNALISM)

asamoahkeziah200@gmail.com

Tags: Challengessolutionunemployment




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