Deputy Minister of Finance, Dr John Kumah, has reiterated the government's commitment to tackling unemployment in the country through various initiatives.

These include YouStart, the Ghana Enterprise Agency, and the National Entrepreneurship and Innovation Programme, all aimed at addressing the pressing issue of job scarcity.

However, according to the 2023 Annual Household Income and Expenditure Survey Third Quarter Labour Statistics Report, there is cause for concern.

The unemployment rate for the first three quarters of 2023 stood at 14.7%, marking a 1.1% increase from the previous year's 13.6%. There is also a notable gender disparity, with females experiencing higher unemployment rates.

Dr John Kumah acknowledged this gender gap, highlighting the significant rise in female unemployment between 2022 and 2023. Nevertheless, he emphasized the government's efforts to attract investments and create an environment conducive to job creation.

He also emphasized the importance of entrepreneurship in addressing the unemployment crisis, urging confidence in its potential to drive economic growth and reduce joblessness.

“The Ghana Statistical Service on Wednesday announced that about 1.5 million Ghanaian youth are unemployed. Last year, E-levy generated GH¢1.19 billion and as part of dealing with the job situation… unemployment situation, government has committed funds through YouStart from this E-levy sources…to GEA and NEIP to address the unemployment situation in the country, and I am happy to announce that institutions like Wealth and Jobs Expo and all private groups that are willing to help create jobs in the private sector will also be supported to help create jobs and businesses in the private sector,” he said.