Job openings surge despite covid-19

Job opportunities have increased despite the Covid-19 pandemic; Bank of Ghana (BoG) data has shown.

The number of jobs advertised in the Daily Graphic in April 2020 increased relative to a year ago. The total advertised jobs was 1,389 jobs as at April 2020 compared with 859 advertised jobs in the same period of 2019, indicating a year-on-year growth of 61.7 percent.

According to the Bank of Ghana’s Monetary Policy report on the real sector development, on month-on-month basis, the number of job vacancies in April was up by 39.6 percent from the 995 jobs recorded in March. These developments resulted in an uptick in the Job Adverts Index to 270.2 in April 2020 from 193.6 in March. Cumulatively, 3,711 advertised jobs were recorded between January and April 2020, compared with 3,198 jobs advertised during the same period in 2019.

The number of online jobs collated by BoG from the top 10 online job-advertising platforms was 2,434 in April. Sector distribution of online job adverts show that the services sector accounted for 78.8 percent of total jobs vacancies advertised.

The shares of online job adverts of the service subsectors were as follows: finance, insurance and real estate (20.9%); other services (13.5%); wholesale & retail trade (12.3%); transport, storage & communication (7.9%); and health (6.7%).

The industry sector accounted 16.6 percent of total online job adverts, under which construction held a share of 5.5 percent; manufacturing (5.3%); and mining & quarrying (4.8%). The agriculture sector had a 4.7 percent share of total online job vacancies posted.

Concerning skills demand by potential employers, ‘skilled labour’ was the most sought after with 45.3 percent of job offers in this category. This was followed by sales and other service workers (36.1%), artisans and machine operators (11.7%), secretarial & clericals (5.4%), and other skills (1.5%).

Source: Kofi Ahovi//Businessweekghana.com

Comments

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

The Chief Executive Officer of MTN Ghana, Selorm Adadevoh , has been adjudged CEO of the Year – Telecom at the 2 nd edition of the Ghana CEO Vision and Awards held in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm Adadevoh’s award is in recognition of his achievements in the areas of sustainability, leadership excellence, innovation and others in the telecoms space which has contributed to job creation to support the growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services , expressed appreciation to the organizers for the award. He noted that th e award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of

Kofi Ahovi

Search This Blog