|
Getting your Trinity Audio player ready...
|
The Institute of Economic Research and Public Policy (IERPP) has noted with concern the misleading manner in which His Excellency John Dramani Mahama and his ministers are quoting Ghana’s unemployment rates.
According to the IERPP, President John Mahama has been quoting inaccurate figures to represent the country’s unemployment rates.
To this end, the Institute of Economic Research and Public Policy (IERPP) states that it would like to set the record straight regarding the education of the President, his appointees, and the Ghanaian public.
“The Ghana Statistical Service’s official unemployment rate as at the end of 2016 was 5.2%. As at the end of 2023, the unemployment rate had fallen to 3%. These figures, it must be emphasized, were arrived at using the Narrow Measure of Unemployment.
“The Statistical Service, in its recent survey, employed the Broad Measure of Unemployment in quantifying Ghana’s unemployment rate. The survey put the unemployment rate at 14.7%.
“This 14.7% is the figure President John Mahama has been persistently quoting in his speeches to suggest that the rate of unemployment went astronomically high under the erstwhile Akufo-Addo administration.
‘This misleading analysis was recently re-echoed by Felix Kwakye Ofosu, the Spokesperson to the President and Minister in charge of Government Communications on TV3’s KeyPoint show,” the IERPP pointed out.
“President Mahama and his appointees fail to differentiate between the Narrow and Broad Measure methods in measuring the rates of unemployment in the country.
“It is, therefore, erroneous for President Mahama and his appointees to quote the current unemployment rate as 14.7% and compare it to the 5.2% he left behind in 2016 because the methodologies used for the 5.2% in 2016 and 2024 are not the same.
“Using the Narrow Measure method, Mahama’s unemployment rate was 5.2% and that of Akufo-Addo was 3% at the end of 2023. These two are comparable. The 14.7% fell under the Broad Measure method of measuring the rate of unemployment,” the IERPP further pointed out.
It is the hope of IERPP that President Mahama and his appointees would refrain from comparing unemployment rates measured using two completely different methodologies in any dialogue about unemployment in Ghana,” the IERPP statement further read.
Asaase Broadcasting Company airs on Asaase 99.5 Accra, Asaase 98.5 Kumasi, Asaase 99.7 Tamale, Asaase 100.3 Cape Coast, AsaasePa 107.3 (Accra).
Affiliates: Bawku FM 101.5, Bead FM 99.9 (Bimbilla), Mining City Radio 89.5 (Tarkwa), Nandom FM 101.9, Nyatefe Radio 94.5 (Dzodze), Sissala Radio 96.3 (Tumu), Somuaa FM 89.9 (Gushegu), Stone City 90.7 (Ho) and Wale FM 106.9 (Walewale).
Listen online: asaaseradio.com, Sound Garden and TuneIn.
Follow us:
X: @asaaseradio995, @Asaase985ksi, @Asaase997tamale, @asaase1003, asaasepa1073
Instagram: asaaseradio99.5, asaase985ksi, asaase100.3, asaase99.7tamale, asaasepa107.3
LinkedIn: company/asaaseradio995. TikTok: @asaaseradio99.5
Facebook: asaase99.5, asaase985ksi, Asaase100.3, asaase99.7, AsaasePa107.3.
YouTube: AsaaseRadioXtra.
Join the conversation. Accra: call 020 000 9951/054 888 8995, WhatsApp 020 000 0995. Kumasi: call 059 415 7985 or call/WhatsApp 020 631 5260. Tamale: call/WhatsApp/SMS 053 554 6468. Cape Coast: call/WhatsApp 059 388 2652.
#AsaaseRadio
#AsaasePa
#TheVoiceofOurLand
