“Youth unemployment has also registered a decline from an average of 12.92%, between 2014 to 2016 to an average of 9.00% between 2017 to 2020”. Those were the words of the Vice President, Dr. Bawumia.
Absolutely TRUE! According to data put out by the World Bank, Ghana’s average youth unemployment rate indeed reduced from 12.92% (2014-2016) to 9.0% (2017-2020).
According to the World Bank data, the country’s youth unemployment rate increased from 13.384% in 2014 to 13.998% in 2015 then declined significantly to 11.388% in 2016 translating into a period average of 12.923%.
However, current statistics contained in the 2021 Population and Housing Census put youth unemployment (15-35 years) at 19.7% representing a percentage rise of 118.89% relative to the 9.0% between 2017 and 2020.
Simply put, youth unemployment in Ghana has more than doubled from an average of 9.0% (2017-2020) to 19.7% in 2021.
Further analysis shows unemployment rate among the population 15 years and older is 13.4% and is higher for females (15.5%) than males (11.6%). The 19.7% unemployment rate among the population between 15 and 35 is even much higher for young adults 15-24 years (32.8%).
Latest Stories
-
Nigerian-born conquers childhood hearing loss to become KNUST’s overall best graduating student
8 mins -
ECOWAS Court orders compensation for violations against New Force’s Shalimar Abbiusi
21 mins -
Dreams FC denies allegations of attempting to sign Najeeb Yakubu
1 hour -
Election 2024: ‘Right to free and fair elections non-negotiable’ – Akufo-Addo
1 hour -
Kurt Okraku took out my passport from the U23 squad that travelled to Japan – Najeeb Yakubu alleges
2 hours -
Where hope fails: Ghana’s decaying home for the destitute
2 hours -
NDC Mining Committee for 2024 campaign refutes allegations of recruiting thugs for elections
2 hours -
Traction Control: A lifesaver with an off switch? Here’s why it exists
2 hours -
I don’t need anyman to woo me with money – Miss Malaika 2024 winner refutes pimping claims
2 hours -
”Kurt Okraku sabotaged my national team career because I refused to sign with Dreams FC” – Najeeb Yakubu
2 hours -
Businesses urged to leverage Generative AI for enhanced customer engagement
2 hours -
MultiChoice Ghana partners with Ghana Hotels Association to elevate guest entertainment
2 hours -
Bawumia’s music streaming app or Mahama’s pay-per-view TV channel?
2 hours -
Karpowership Ghana empowers 40 Takoradi Technical University students with scholarship
2 hours -
We expect significant reduction in prices of petroleum products in coming weeks – CEO AOMC
3 hours