The number of jobs advertised in selected print and online media, which partially gauges labour demand in the economy, decreased marginally in April 2022, compared to the same period last year.
According to the Bank of Ghana’s latest Monetary Policy Report, 2,777 job adverts were recorded as compared with 2,806 for the same period in 2021.
This indicated a marginal decline of 1.0% year-on-year.
On a month-on-month basis, the number of job vacancies in April this year dipped by 3.6%, from the 2,882 jobs advertised in March 2022.
Cumulatively, 11,029 advertised jobs were recorded for the first four months of 2022, compared with 11,646 jobs advertised during the same period in 2021.
Private sector-SSNIT contributors improve by 1%
Meanwhile, the total number of private sector-SSNIT contributors, which partially gauges employment conditions, marginally improved by 1.0% to 861,121 in March 2022.
On a month-on-month basis, the total number of private sector SSNIT contributors decreased by 3.0%, from the 887,441 individuals recorded in February 2022.
Cumulatively, for the first quarter of 2022, the total number of private sector contributors increased to 2,637,883 from 2,514,756 recorded over the corresponding period in 2021.
Source:Joy Business