Ghana has a serious challenge of creating better jobs - World Bank

• The World Bank sees job creation as a major challenge for government
• The institute wants the government to address this challenge immediately
• Its report shows that the largest job-creating industry, agriculture, is suffering

Ghana faces a daunting challenge of creating more and better jobs as 'medium' of jobs within the manufacturing sector, despite commendable growth rates over the years, the World Bank report said.

A report titled ‘Rising Ghana’ shows that the agricultural sector has been declining in terms of labor but is still a major source of employment in the country.

"A rising star, but Ghana's growth path did not straighten out," he said.

The report revealed that the country faces a major production challenge as resource production declines over the past 20 years, while production has declined.

Read also

Ghana's Cardinal Peter Turkson abruptly offers resignation from top position in Vatican - sources

Similarly, less informal resources have taken over staff but are not producing well. Between 1990 and 2018, the financial services sector recorded a high employment growth rate of 650%.

This was followed by more than 400% government services and business services which grew by almost 400%.

Agriculture and mining have seen low levels of job growth. The report recommended that the country launch a transformation program in its next phase of growth, in order to improve job creation and productivity.

Source: YEN.com.gh