It is estimated that 230,000 Ghanaians seek to enter the labour market annually. However, the formal economy can only offer jobs to about 2% of this number. Consequently, 225,000 are left without employment. Furthermore, about 50% of those employed are underutilised as they lack entrepreneurial skills. Additionally, the current infrastructure is prohibitive to start-up and small-medium scale enterprises. This situation has an adverse effect on socioeconomic development, exacerbated by the impact of COVID-19. With the associated global economic recession, an approach to address unemployment is needed to equip the labour force with appropriate employability skills.
|Commissioning body||British Council|
|Number of pages||28|
|Publication status||Unpublished - 1 Oct 2022|