The youth are the foundation of every economy, subsequently in every plan drawn by the government, the youth ought to consistently be thought about before concluding a decision. Everywhere throughout the world, the young people form a huge part of the development of each economy, along these lines, they are labeled as the ‘leaders’ of the economy.
Out of Ghana’s population of 31,072,940, which is comparable to 0.4% of the complete total populace, socioeconomics delineates that around 57% of the populace are youth, with lion’s share of them younger than 25.
The Ghanaian youth have been economically supportive in differing ways. A huge number of them have battled through to become business visionaries, and have also recruited various alumni in the country. They have taken a heap of the unemployment problems on the legislature upon themselves to hire other young people who are similarly battling through to be successful in life.
Obviously, greater part are as yet having a nibble of the frustrations in Ghana, however there is still more room for improvement for the government, as far as the success of the youth are concerned.
The truth of the matter is, consistently, loads of the young people come out from school looking for jobs every year. In as much as the quantity of private colleges in the country surpasses the number of the public ones, Ghana’s joblessness will in any case be going up.
Both the public and the private colleges produce a great number of alumni consistently. However, the openings for jobs on the field after school is low. So you can envision the rate at which tension builds on the youth.
This is where most organizations take due advantage of the frustrations to recruit these desperate young people on thoughtful premise with low compensation. Truth be told, a great deal of these institutions have underestimated the youth, by using them for menial jobs not implied for these applicants.
The Government of Ghana came to save the situation in 2019, with a decrease of the joblessness rate by introducing a program under the Youth and Employment Ministry called NABCO. The Nation Builders Corps (NABCO) is a government initiative to address graduate unemployment to solve social problems. A great deal of the young people were incredibly glad – after all, a touch of their weight was lifted.
But what happened? Unfortunately, before the presence of coronavirus, same individuals who were in euphoric disposition for being a part of the NABCO program were grumbling of numerous issues related with it, which incorporates deferred compensations and sometimes, no payment by any means. Well, that is the declaration of some of them, but as to whether they are valid concerns raised, is another conversation.
Tons of the youth who were productively employed at various financial institutions in Ghana, were hit by a ‘torrent’ in 2017 and 2018. About 80% of these organizations were shut due to an exercise, the Bank of Ghana were setting out on.
Clearly, the vast majority of these banks had spurned the principles of banking operations in the country. Subsequently, a portion of these financial establishments were amalgamated into one bank. Here too, the youth who were working here, shed tears as they were totally affected by the mass exercise by the Central bank of Ghana. Staying at home without a job was hard for them, particularly those with immediate families.
While the Ghanaian youth were considering available resources to endure, then came from no where, coronavirus. This pandemic came to add salt to the sore of the Ghanaian youth, as many organizations have chopped down the number of laborers in their outfits.
Perhaps, the legislature of Ghana needs to accelerate the creation of more employments to coordinate the quantity of school leavers each year, than to be opening schools to a great extent consistently. That said, this doesn’t imply that building schools is a NO!, but the creation of new jobs ought to similarly coordinate the commissionings.
The youth makes a country, and without them, the world will obviously be lacking. As at December 2019, there were about 1.2 billion youth aged 15 to 24 years in the world. And around 2065, the world’s youth populace is anticipated to arrive at its top, at just shy of 1.4 billion people (13%).
India has the highest number of youth with 356 million of them in the country while Niger, Uganda, Mali, Malawi has the least youthful populace in the world.