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Finance Minister, Ken Ofori Atta Reveal Why Most University Graduates Are Still Unemployed

The Minister of Finance, Ken Ofori Atta has revealed that the reason why most of the university graduates in Ghana are unemployed is that they lack IT skills.

According to him in an interview with TV3, graduates don’t have the requisite acumen in IT for the jobs available in the market and urged universities to tailor their training with the needs of the industry

“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 there 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.

Watch the video below;

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