Tuesday 24 January 2012

LABOUR EXPERTS CHARGE GOV’T TO CREATE AVENUES TO ADDRESS GRADUATE UNEMPLOYMENT.18-5-11


Government is being asked to put proper structures in place to make majority of the country’s graduates self-employed. 

Ashanti and Brong Ahafo Regional President of the Association of the Ghana Industries, Nana Asante Frempong says students should be given the right training and orientation to make them self-reliant after school.

He says government fiscal policy should also ensure low interest loans are available for business start-up. 

International Labour Organization defines unemployment as numbers of the economic active population who are without work but available for and seeking work. 

It also includes people who have lost their jobs and those who have voluntarily vacated their post.
Statistics
show the current unemployment rate in Ghana is estimated at over 11 per cent with graduate unemployment hovering around 27 percent.
Though man
y labour experts have expressed worry over the growing canker government and stakeholders appear helpless about the situation.
Nana Frempong believes self-employment especially of young graduates is key to halting moral decadence in the country.
“There must 
be a good match between the industries and the institutions as well as needs of the Ghanaian society. Everybody want to be in banking and other areas where money could be made overnight after graduation…….and this is the problem” he emphasized.

Story By: Kofi Asante Ennin/Nhyira Fm-Kumasi

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