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Graduates Do Not Have Employable Skills – Finance Minister

It is no secret that one of the biggest challenges facing the Ghanaian Government is the growing rate of unemployment in the country and the inability to find work for the many idle hands. It is so bad that a recent National Security report stated that the unemployment rate in the country is becoming a threat to national security.

In speaking on the matter of graduate youth unemployment, the finance minister of Ghana, Ken Ofori-Atta observed that indeed the rate of unemployment is a worry for the Government, he however noted that there are jobs, it is just that graduates lack the required skill set to occupy the vacant positions.

“We have about 9 million people in a global economy that is driven by digitization, even though the jobs are in that direction we have less than a thousand graduates with IT related skills every year from our tertiary universities. What has put the universities to sleep without realizing this major shift in where the world is going?” he observed.

“85% of the unemployed youth have just left secondary school, what do we do with them, how do we give them vocational training to be able to become productive citizens? Over 50% of tertiary degree enrollment occurs in fields with limited or no future growth. How do we resolve that in the way we teach our graduates?” he said at the 73rd Annual New Year School & Conference at the University of Ghana.

“Employers are already feeling the pinch in the misalignment in our inadequacy of talent for their needs and therefore the drop in their looking for internships from our graduates. They report hard-to-fill positions despite high unemployment and we should be able to do something about that,” he added.


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