Unemployment rate in Ghana reaches 14.7% – Ghana Statistical Service reveals

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In the initial three quarters of 2023, the nation witnessed a surge in the average unemployment rate, reaching 14.7 percent.

Corresponding data extracted from the Ghana Statistical Service’s Annual Household Income and Expenditure Survey Quarter Three Labour Bulletin revealed that the number of unemployed individuals aged 15 to 35 increased from approximately 1.2 million to over 1.3 million during this period.

Unemployment rate in Ghana reaches 14.7% – Ghana Statistical Service revealsUnemployment rate in Ghana reaches 14.7% – Ghana Statistical Service reveals

Notably, the unemployment rate was consistently higher among females than males.

The survey findings also highlighted a temporary decline in youth unemployment during the second quarter of the preceding year, 2022.

However, the sharp rise in the unemployment rate among females between the fourth quarter of 2022 and the first quarter of 2023 resulted in a broader gender gap in unemployment in 2023 compared to 2022.

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