[ 2021-02-17 ]

Number of advertised jobs declined sharply in quarter 3 2020 – BoG survey
The number of jobs advertised in selected print
and online media, which gauges labour demand in
the economy, declined in the third quarter of 2020
relative to corresponding period in 2019, the Bank
of Ghana’s survey of Labour Market Conditions
has revealed.

This is not surprising because of the impact of
coronavirus on the economy from the second quarter
through to the four quarter of last year. Indeed,
the Bank of Ghana said the decrease in the number
of jobs advertised reflects the difficulties faced
by businesses as a result of the covid-19
pandemic.

In total, 6,880 job adverts were recorded in the
third quarter of 2020 as compared with 9,485 for
the third quarter of 2019.

This indicated a decline of 27.5 percent
year-on-year.

Similarly, the number of job vacancies advertised
in the review period dipped by 28.2% from 9,582
recorded for the second quarter of 2020.

Sector distribution and skill set of job adverts

The Services Sector maintained its dominance as
the leading job-providing sector in the economy,
accounting for 80.2% of total job adverts recorded
during the third quarter of 2020.



This compares with a share of 82.2% recorded in
the third quarter of 2019.

Industry followed with a share of 16.1%, up from
15.2% in the third quarter of 2019, while the
Agriculture Sector accounted for 3.7% of the job
adverts during the period, compared with 2.7% of
total job adverts recorded for the corresponding
quarter of 2019.

Further analysis revealed that the main
requirements for skilled employees were tertiary
education qualifications and a minimum of three
years’ working experience.

This category, classified as Professionals and
Technicians, collectively accounted for 52.3% of
total jobs advertised during the third quarter of
2020, relative to 41.5% recorded in the
corresponding quarter of 2019.

This was followed by the categories classified as
Sales & Other Service Workers (29.5% in Q3:2020
vs. 38.0% in Q3:2019), Artisans & Machine
Operators (11.0% vs. 10.6%), Secretarial &
Clerical Staff (5.0% vs. 6.6%) and ‘Others’
(2.2% vs. 3.4%).

Source - Joyfm

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