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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    We want Ghanaians to own 30% of MTN Ghana shares by end of 2022 – GROUP CEO

    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Govt declares growing unemployment rate a national security threat

bycitibusinessnews
October 2, 2015
in Business, Local Economy, Top Stories
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The Ministry of employment and labour relations has described the growing unemployment situation in the country as a crisis and a national security threat.

[contextly_sidebar id=”mXXIopRJokF1VWLcPyEXNQXWqa01ZRZx”]Unemployment Rate in Ghana averaged 8.82 percent from 2001 until 2013, reaching an all time high of 12.9 percent in 2005 according to figures from the Ghana Statistical Service.

“We are in a crisis, a crisis of growing unemployment in our country , a crisis which is informed by continuing gaps in skills development and a crisis that we are not taking urgent steps to address.

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But for us in Ghana we don’t want an Arab spring”, Minister of employment and labour relations Haruna Iddrissu stressed.

Delivering the key note address at the Intra-Africa Talent Mobility Partnership/Labour Market Information Workshop, the Labour Minister called for partnership between government and the private sector to address the situation.

“To avoid an Arab spring will require that both the public and private sector together with our friendly donors see the growing unemployment in the country as a national security threat and crisis which need to be address and addressed head on and sufficiently in time”, he further stated.

The Ministry is also calling on donor partners to assist the country develop the national labour market information system to help accelerate Ghana’s developmental agenda.

–

By:  Rabiu Alhassan/citifmonline.com/Ghana

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