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Bank of Ghana Reports Drop in Job Adverts Despite Overall First-Half Growth

The number of job advertisements in Ghana fell significantly in June 2025, according to the latest Monetary Policy Report released by the Bank of Ghana (BoG).

Data from the report show that 2,502 job vacancies were advertised in selected print and online media in June, marking a 15.7% drop compared to 2,968 vacancies in June 2024. The figure also reflects an 18.4% decline from May 2025, which recorded 3,066 job postings.

Job vacancy trends are commonly used as a partial indicator of labour market demand and private sector hiring activity.

Despite the month-on-month and year-on-year declines, the first half of 2025 presents a more positive picture. Between January and June, 18,604 job adverts were recorded — a 7.7% increase over the 17,278 vacancies posted during the same period in 2024.

In a related update on employment conditions, the BoG report highlighted a marginal improvement in private sector employment. The number of private sector contributors to the Social Security and National Insurance Trust (SSNIT) stood at 1,065,925 in May 2025, representing a 2.1% rise compared to the previous year. However, this figure remained relatively stable from the 1,067,531 contributors recorded in April.

The Bank of Ghana notes that these indicators reflect the evolving dynamics of Ghana’s labour market, offering useful insights into private sector activity and broader economic trends.

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