The Minister of Employment and Labour Relations, Ignatius Baffour-Awuah has revealed the Akufo-Addo government has created a total of 1,096,404 jobs in the economy between January 2017 and March 2018.
“This happened within the formal economy. So what happened within the informal economy is not even accounted for here,”Mr. Baffour-Awuah disclosed this Tuesday at the launch of the Nation Builders’ Corps (NABCO) in Kumasi.
According to him, the seeming “frustration, confusion, lack of growth and direction for our youth” will thus be addressed with the introduction of the Nations Builders Corps.
“If there is any single intervention which addresses the school to work transition in our country we can’t have any better programme than NABCO,” he stated.
The programme will operate seven modules designed to meet the pressing needs of the nation while providing jobs for the teeming youth who have received tertiary education but are struggling to find jobs.
Meanwhile,President Nana Addo Dankwa Akufo-Addo has bemoaned the grave story of youth unemployment saying this has been a tragic part of our lives for far too long in Ghana.
“Data from the renowned Institute of Statistical, Social and Economic Research (ISSER) published in March 2017 revealed that only 10 per cent of our graduates found jobs after the first year of completing school. That it takes up to 10 years for the graduates to secure employment.
“The world bank Jobs in Ghana report published in 2016 revealed that about 48 per cent of the youth in the country , this those who are between the ages of 15 and 25 years, do not have jobs.” Mr Akufo-Addo observed.