{"id":3048,"date":"2021-11-29T13:27:02","date_gmt":"2021-11-29T13:27:02","guid":{"rendered":"https:\/\/amnewsworld.com\/?p=3048"},"modified":"2021-11-29T13:27:02","modified_gmt":"2021-11-29T13:27:02","slug":"duffuor-54-of-ghanas-employed-population-have-just-basic-education","status":"publish","type":"post","link":"https:\/\/www.amnewsworld.com\/fi\/duffuor-54-of-ghanas-employed-population-have-just-basic-education\/","title":{"rendered":"Duffuor: 54% of Ghana\u2019s employed population have just basic education"},"content":{"rendered":"<p>The former Minister of Finance, Dr Kwabena Duffuor has revealed that more than half of Ghanaians in employment are earning a very low income.<\/p>\n<p>According to him, a low rate of formal employment would affect the government\u2019s revenue generation, particularly with taxes adding that there is a high incidence of underemployment affecting 21.4% of the employed population.<\/p>\n<p>\u201cAmong the employed 66 per cent are in vulnerable employment meaning they earn little and their jobs are insecure. And about quarter of such people are unpaid family workers while the rest are in self-employment with irregular income susceptible to shocks,\u201d he added<\/p>\n<p>Dr. Duffuor made these statements when delivering a lecture organized by Institute for Fiscal Studies on the theme: The Ghanaian Dream; Transforming the Economy through Job Creation and Opportunities for all\u2019 held at the Tang Palace Hotel in Accra on Monday, 29<sup>th<\/sup>\u00a0November 2022.<\/p>\n<p>The former Governor of the Bank of Ghana stated that as much as 20% of the employed population have had no formal education while 54% have basic education and just 16% have higher education.<\/p>\n<div class=\"google-auto-placed ap_container\"><ins class=\"adsbygoogle adsbygoogle-noablate\" data-ad-format=\"auto\" data-ad-client=\"ca-pub-8731784857660975\" data-adsbygoogle-status=\"done\" data-ad-status=\"filled\"><ins id=\"aswift_3_expand\" tabindex=\"0\" title=\"Advertisement\" aria-label=\"Advertisement\"><ins id=\"aswift_3_anchor\"><iframe id=\"aswift_3\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?client=ca-pub-8731784857660975&amp;output=html&amp;h=300&amp;adk=3439894169&amp;adf=2763326322&amp;pi=t.aa~a.86673156~i.13~rp.4&amp;w=360&amp;lmt=1638191818&amp;num_ads=1&amp;rafmt=1&amp;armr=3&amp;sem=mc&amp;pwprc=7938084553&amp;psa=1&amp;ad_type=text_image&amp;format=360x300&amp;url=https%3A%2F%2Fstarrfm.com.gh%2F2021%2F11%2Fduffuor-54-of-ghanas-employed-population-have-just-basic-education%2F&amp;flash=0&amp;host=ca-host-pub-2644536267352236&amp;fwr=1&amp;pra=3&amp;rh=267&amp;rw=320&amp;rpe=1&amp;resp_fmts=3&amp;sfro=1&amp;wgl=1&amp;fa=27&amp;uach=WyJBbmRyb2lkIiwiMTAuMC4wIiwiIiwiUmVkbWkgOEEiLCI5Ni4wLjQ2NjQuNDUiLFtdLG51bGwsbnVsbCwiIl0.&amp;dt=1638191817737&amp;bpp=13&amp;bdt=2135&amp;idt=-M&amp;shv=r20211111&amp;mjsv=m202111110101&amp;ptt=9&amp;saldr=aa&amp;abxe=1&amp;cookie=ID%3D49c26fd519ac77c5-2241c7e5eecc00f1%3AT%3D1638191811%3ART%3D1638191811%3AS%3DALNI_MZs_ITMTXCG25YHNRfR1YSZb3uaaQ&amp;prev_fmts=0x0%2C360x300%2C360x300&amp;nras=4&amp;correlator=5338263629641&amp;frm=20&amp;pv=1&amp;ga_vid=1971237715.1638191800&amp;ga_sid=1638191817&amp;ga_hid=1832974820&amp;ga_fc=1&amp;u_tz=240&amp;u_his=2&amp;u_h=760&amp;u_w=360&amp;u_ah=760&amp;u_aw=360&amp;u_cd=24&amp;dmc=4&amp;adx=0&amp;ady=2186&amp;biw=360&amp;bih=629&amp;scr_x=0&amp;scr_y=0&amp;oid=2&amp;pvsid=2704949410809520&amp;pem=177&amp;tmod=919452729&amp;ref=https%3A%2F%2Fstarrfm.com.gh%2F&amp;eae=0&amp;fc=1408&amp;brdim=0%2C0%2C0%2C0%2C360%2C0%2C360%2C629%2C360%2C629&amp;vis=1&amp;rsz=%7C%7Cs%7C&amp;abl=NS&amp;fu=128&amp;bc=31&amp;ifi=4&amp;uci=a!4&amp;btvi=3&amp;fsb=1&amp;xpc=DF1DohU0CD&amp;p=https%3A\/\/starrfm.com.gh&amp;dtd=285\" name=\"aswift_3\" width=\"360\" height=\"300\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" allowfullscreen=\"allowfullscreen\" data-google-container-id=\"a!4\" data-google-query-id=\"CPrC8ozUvfQCFdEHcQod-D4D8A\" data-load-complete=\"true\" data-mce-fragment=\"1\"><\/iframe><\/ins><\/ins><\/ins><\/div>\n<p>Dr. Duffuor said Ghana\u2019s labor market shows an urgent need for decent high-quality jobs for the growing population in the country.<\/p>\n<div class=\"google-auto-placed ap_container\"><ins class=\"adsbygoogle adsbygoogle-noablate\" data-ad-format=\"auto\" data-ad-client=\"ca-pub-8731784857660975\" data-adsbygoogle-status=\"done\" data-ad-status=\"filled\"><ins id=\"aswift_4_expand\" tabindex=\"0\" title=\"Advertisement\" aria-label=\"Advertisement\"><ins id=\"aswift_4_anchor\"><iframe id=\"aswift_4\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?client=ca-pub-8731784857660975&amp;output=html&amp;h=300&amp;adk=3439894169&amp;adf=3490813541&amp;pi=t.aa~a.86673156~i.15~rp.4&amp;w=360&amp;lmt=1638191818&amp;num_ads=1&amp;rafmt=1&amp;armr=3&amp;sem=mc&amp;pwprc=7938084553&amp;psa=1&amp;ad_type=text_image&amp;format=360x300&amp;url=https%3A%2F%2Fstarrfm.com.gh%2F2021%2F11%2Fduffuor-54-of-ghanas-employed-population-have-just-basic-education%2F&amp;flash=0&amp;host=ca-host-pub-2644536267352236&amp;fwr=1&amp;pra=3&amp;rh=267&amp;rw=320&amp;rpe=1&amp;resp_fmts=3&amp;sfro=1&amp;wgl=1&amp;fa=27&amp;uach=WyJBbmRyb2lkIiwiMTAuMC4wIiwiIiwiUmVkbWkgOEEiLCI5Ni4wLjQ2NjQuNDUiLFtdLG51bGwsbnVsbCwiIl0.&amp;dt=1638191817737&amp;bpp=12&amp;bdt=2135&amp;idt=-M&amp;shv=r20211111&amp;mjsv=m202111110101&amp;ptt=9&amp;saldr=aa&amp;abxe=1&amp;cookie=ID%3D49c26fd519ac77c5-2241c7e5eecc00f1%3AT%3D1638191811%3ART%3D1638191811%3AS%3DALNI_MZs_ITMTXCG25YHNRfR1YSZb3uaaQ&amp;prev_fmts=0x0%2C360x300%2C360x300%2C360x300&amp;nras=5&amp;correlator=5338263629641&amp;frm=20&amp;pv=1&amp;ga_vid=1971237715.1638191800&amp;ga_sid=1638191817&amp;ga_hid=1832974820&amp;ga_fc=1&amp;u_tz=240&amp;u_his=2&amp;u_h=760&amp;u_w=360&amp;u_ah=760&amp;u_aw=360&amp;u_cd=24&amp;dmc=4&amp;adx=0&amp;ady=2590&amp;biw=360&amp;bih=629&amp;scr_x=0&amp;scr_y=0&amp;oid=2&amp;pvsid=2704949410809520&amp;pem=177&amp;tmod=919452729&amp;ref=https%3A%2F%2Fstarrfm.com.gh%2F&amp;eae=0&amp;fc=1408&amp;brdim=0%2C0%2C0%2C0%2C360%2C0%2C360%2C629%2C360%2C629&amp;vis=1&amp;rsz=%7C%7Cs%7C&amp;abl=NS&amp;fu=128&amp;bc=31&amp;ifi=5&amp;uci=a!5&amp;btvi=4&amp;fsb=1&amp;xpc=Q4FEbcBaMx&amp;p=https%3A\/\/starrfm.com.gh&amp;dtd=306\" name=\"aswift_4\" width=\"360\" height=\"300\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" allowfullscreen=\"allowfullscreen\" data-google-container-id=\"a!5\" data-google-query-id=\"COe28ozUvfQCFQKinwodXT8HOQ\" data-load-complete=\"true\" data-mce-fragment=\"1\"><\/iframe><\/ins><\/ins><\/ins>\u201cNot only does unemployment cause poverty but higher crime rates. Children with unemployed parents don\u2019t do well academically. The inability to create good jobs and gain sustainable jobs for the young people will foster the problem of inequality. It\u2019s also an issue of gross economic inefficiency.<\/div>\n<p>\u201cAlthough the officially measured rate of unemployment is about 8.4% as of 2017,\u00a0 and there\u2019s a concern for young people\u2019s access to decent employment. Without a transformation of the current economic structure, employment opportunities will remain limited,\u201d he added.<\/p>\n<p>He, therefore called for the training and an educational system that should be geared towards making the trainees innovative, critical thinkers and technologically adaptable.<\/p>\n<p><em><strong>ANN\/Eye Witness Report\/Starrfmonline<\/strong><\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The former Minister of Finance, Dr Kwabena Duffuor has revealed that more than half of Ghanaians in employment are earning a very low income. According to him, a low rate of formal employment would affect the government\u2019s revenue generation, particularly with taxes adding that there is a high incidence of underemployment affecting 21.4% of the<\/p>","protected":false},"author":1,"featured_media":3049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_1160854738579181570_1160854738579181570":"","facebook_3558452337540614_100649324928663":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24,1,15,54],"tags":[],"class_list":{"0":"post-3048","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-africa","8":"category-general-news","9":"category-education","10":"category-social"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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