Posts

TRANSFORMING GHANA’S EMPLOYMENT LANDSCAPE: THE STRATEGIC PLAN OF THE NATIONAL EMPLOYMENT TRUST

-
Image
  INTRODUCTION Ghana’s unemployment crisis is a structural one, stemming from an economy that inherently lacks the capacity to create sufficient employment opportunities to absorb the large number of people entering the labour force each year. An analysis of the labour market, based on the 2017 Ghana Living Standards Survey (GLSS) and the 2023 Annual Household Income and Expenditure Survey (AHIES) , indicates that between 2017 and 2023, the economy could, on average, absorb less than 45% of new labour market entrants annually. This means that over 55% of those joining the labour market each year became unemployed, causing the number of unemployed individuals to rise from 1 million in 2017 to more than 2 million in 2023 . This structural problem requires a structural solution and underscores the urgent need for a transformative job creation strategy.   Figure 1: The unemployment crisis in Ghana (source: GSS Annual Household Income & Expenditure   Survey – Q...
Post a Comment
Read more

ASPIRE 24 : RESETTING MINDSET, DRIVING EXCELLENCE

-
  INTRODUCTION Aspire 24 is a bold and forward-thinking initiative to be introduced by the NDC, designed to reshape Ghana’s socio-economic landscape by focusing on several key thematic areas: Mindset and Work Ethic Transformation , Digital Intelligence Skills Development , Multilingual Competence Development , Vocational and Technical Skills for Key Sectors , Workforce Skills Upscaling , and Business Support Services . These strategic pillars aim to equip the workforce with the skills and growth mindset necessary to compete and thrive in a fast-changing global economy. A critical component of Aspire 24 is the Mindset and Work Ethic Transformation Framework , which seeks to reset mindsets and drive excellence within Ghana’s workforce by instilling a culture of national pride , responsibility, accountability, ethical behaviour and professionalism across all sectors. This framework emphasises the need for a national mindset shift to catalyse growth and productivity, fostering qua...
Post a Comment
Read more

MAN-UP-C: Empowering Ghana's Youth with 1.7 Million Jobs and a Brighter Future.

-
  INTRODUCTION For many young people in Ghana, finding a decent job that offers both stability and growth is becoming increasingly difficult. Each year, thousands of graduates and school leavers enter the workforce, but the availability of quality jobs remains limited. Rising unemployment and underemployment have left many young people feeling frustrated and uncertain about their futures. To address this challenge, the MAN-UP-C strategy, proposed by the NDC, offers a clear and comprehensive solution. The framework aims to create 1.7 million jobs between 2025 and 2029, averaging 431,737 new jobs annually. Of these, 308,348 jobs will be allocated to new workforce entrants, while an additional 123,389 jobs will help reduce existing unemployment. This effort aims to reduce Ghana's national unemployment rate from 14.7% to 12.05% during this period. More importantly, MAN-UP-C will equip young Ghanaians with the skills, infrastructure, and opportunities needed to thrive in...
Post a Comment
Read more