Reducing Graduate Unemployment In Ghana Through Graduate Labour Export

Essay , 2016 , 6 Pages

Economics - Job market economics

For some time now, unemployment has become a worldwide open sore. The occurrence is definitely not unfamiliar to Ghana, as the country is not experiencing graduate unemployment is for the first time in history. In the 1980s, when money based development was said to have been positive, graduate unemployment was soaring.

Studies have been done, but not a lot of cases trying to find out the causes and available fixes for diseases for graduate unemployment in the country. Some people who lawfully live in a country, state, etc. gave their ideas as one after the other government has not done enough while others blame the universities for unrelated school courses. Up until now, others have blamed the graduates for not preparing themselves well before graduating. The discussion has mostly been a blame game. The study done by Boateng and Ofori (2002) tells about that universities and the other related to three institutions bring into being about 68,000 graduates yearly without corresponding high numbers of jobs being created to soak them up like a towel.

As a successful way of reaching goals towards the national money based development plan, across the ocean graduate exporting could be seen as real and true option for the country’s youth work force and listed are four success ways of reaching goals for showing in a good way the exportation of graduates in the Ghana.

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On the other hand, out of the whole, an unexpected difference is usually made between the

educated and uneducated youth in the unemployment ratio. Looking at things in the opposite

way, the viewpoint of graduate unemployment in the country was supposed to be understood.

In general, unnecessary things is the highest among the educated youth as against the

uneducated (UNFCA, 2010). For case in point, in 2003, the percent of people who want to

work but cannot find a job was 8.5% for former and 6% for the last thing just mentioned

group in Ghana. This is because the educated discriminate towards picking among job

opportunities such as "Whiteman job" but uneducated are not (Twerefou, et al. 2007 referred

to UNECA 2010).

The term graduate unemployment is within which population with university degrees and

diploma cannot find their choice of work and which may be solved realistically through resort

idea of graduate labour exportation.

Ghana experiencing graduate unemployment is not the first in history. In reference to 1980s

when money based development was said to have been positive, graduate unemployment was

far above the ground. Studies have been managed and done on more than two, but not a lot of

cases trying to find out the causes and available fixes for diseases for graduate unemployment

in the country. Some people who lawfully live in a country, state, etc. gave their ideas as one

after the other government has not done enough while others blame the universities for

unrelated school courses. Up until now others have blamed the graduates for not intelligently

shaping themselves well before graduating. The discuss has mostly been a blame game. The

study done by Boateng and Ofori (2002) tells about that universities and the other related to

three institutions bring into being about 68,000 graduates yearly without corresponding high

numbers of jobs being created to soak them up like a towel.

The formal part is said to be the preferred job destination of graduates but employs less than

40% of all graduates. Worse still, the job expectation of graduates does not match wages

given by employers. Among 450 final year students of the University of Ghana May 2000, a

study done tells that, over 84% expected wages much higher than current wages offered by

the areas in which they preferred to work (Boateng and Bekoe, 2001 referred to by Boateng

and Ofori, 2002).

As a success ways of reaching goals towards the national money based development plan,

across the ocean graduate exporting could be seen as real and true option for the country`s

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youth work force and listed are four success ways of reaching goals for showing in a good

way the exportation of graduates in the Ghana.

Recommended Guidelines

The government of Ghana goals should be amazingly understandable and reliable. Graduate

labour exportation should be showed in good ways, but only lasting for a short time work by

the use of controlled channels. Republic of Ghana can supplies a huge amount of graduate

labour through controlled channels as across the ocean foreign workers where these

unemployed graduates travel in other countries under official arrangements between Ghana

and other countries. The Government should arrange that in every year graduates whose

services are needed by the country would be recruited and the other unemployed graduates

would be enrolled on such programme.

The movement of graduate labour from one place to another from Ghana should be a smooth

process, with the government playing as supportive and legal based role throughout. The

process begins with securing access to foreign labour markets. The Government should have

as a foreign policy priority the search for limited years employment opportunities for

Ghanaian in foreign countries with labour deficit in certain job categories. in both two side

and related to a large area trade back and forth conversations to agree on something. This is

an employment driven success plans of reaching goals getting the rights of its people who

lawfully live in a country, state, etc to settle permanently in other countries has never been a

priority for the Ghanaian government.

Host countries that have clearly particular labour shortages but that discourages permanent

entering into a country, such as many countries in Asia, Middle Eastern, North American

would be exceptionally good partners in this success plan of reaching goals. Also, he

government should tries to open official access to foreign labour markets, to prevent its

people who lawfully live in a country, state, etc from using uncontrolled channels to move.

Border security

In order to leave the country to work, Ghanaians must be recruited by either a licensed

recruiter or government unit and must have their contract approved by the ministry of foreign

affairs in partnership with ministry of youth and employment to enroll in the official benefits

program. The Government should prohibits its people who lawfully live in a country, state,

etc from overstaying a visa in a host country and maintains a list of workers forbidden from

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future contracts, in part to support its market Ghanaians in other countries as a high quality

``brand name`` of traveling worker labour.

Safety of graduate travelling workers.

The government of republic of Ghana should be mostly responsibility for recruiting graduate

workers for the interested countries or organisations in order to holds a legal base role, with

the stated purpose of protecting workers for very mean, unfair treatment and discouraging

illegal or putting something into use. The ministry of foreign affairs in partnership with

ministry of youth and employment should proves true the terms of workers` contract with the

foreign employer. Should the employer violate the terms of the contract, the Ghanaians

government help on ones behalf. Outside of the based on a written agreement relationship,

the government should tried to hold whole countries responsible for the protection of its

graduate workers.

In the year 2003, the Philippines government eventually resumed sending workers, but

continued to support law suits brought by travelling workers in Hong Kong's courts.

Support to traveling workers.

The government should encourage the individual to open an account with a defined bank in

Ghana in which higher percentage of their moneys paid for working would be paid into by

the overseas employer. The accumulated salaries in their personal bank accounts cannot be

access whiles working in abroad unless the graduate worker returns to his or her home

country as the contract would be stated.

The government should encouraging travelling workers to use official channels, to send

money home, and to eventually return at the end of their contract. By moving officially,

travelling workers should receive some partially paid for benefits such pre moving from one

place to another, training on social and work conditions in other countries, life insurance and

money paid regularly after retirement plans, medical insurance and tuition help for travelling

worker and his or her family, and ability to participate for pre departure and emergency loans.

Payments are critical source of foreign exchange, and the government actively encourages

travelling workers to send money home. Inventions of new things such as the visa card are

the product of a slow learning process on payments.

The Ghanaians history with a too high value assigned exchange rates had created serious

methods to prevent crime to sending payments through official channels and the quota could

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challenges. Hence, the government`s policies should be more flexible. It has to maintain a

market based exchange rate, worked to make sending payments via Private Banks cheaper

and easier, and even offered tax free investment programs aimed at across the ocean graduate

workers.

Many of the support services the government provides are also meant to help increase in a

good way continued tie with the homeland. The government sponsors tours of Ghanaians

entertainers and supports exporter of local foods to areas in across the ocean with high

concentrations of raveling workers. Mental counseling services that draw attention to

maintenance of Ghanaians values are offered through a network of offices in other countries.

However, government should allow across the ocean graduate workers exported to vote in

national elections during their period of contract whiles in other countries. The government

should support of the return of travelling workers part of its policy things that are the most

important recognising the natural tendency for travelling workers to return with big amounts

of foreign products that are bought and sold, the government stated money making duty free

shops for returned traveling workers. Other privileges granted to returning travelling workers

include tax fee shopping for one year, loans or business capital at special and good rates, and

ability to participate for partially paid for money given to good students to help pay for

college.

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REFERENCES:

Boateng, K. & Ofori-Sarpong, E. (2002). An Analytical Study of the Labour Market for

Tertiary Graduates in Ghana. Accra. Retrieved from

http://ddpext.worldbank.org/EdStats/GHAwp02a.pdf on 27/06/2016

International Labour Organization (2013). Global Employment Trends for Youth 2013.

Retrieved from http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/

publication/wcms_212423.pdf on 05/07/2016

Kelvin Balogun (March 23, 2016). Unemployment in Africa: No jobs for 50% of graduates.

Retrieved from http://thebftonline.com/business/economy/18079/unemployment-in-africa-no-

jobs-for-50-of-graduates.html on 08/07/2016

United Nations Economic Commission for Africa. (2010). Unemployment,

Underemployment and Vulnerable Employment in West Africa: Critical Assessment and

Strategic Orientations. Retrieved from

http://www.uneca.org/wa/documents/RapportEco2010-Partie2ENG.pdf on 16/06/2016

BY:

EMMANUEL DUFFOUR

Level 850

University Of Cape Coast

School Of Business

Department Of Accounting And Finance

MBA-Accounting

Frequently Asked Questions

What is the main topic discussed in this document?

This document primarily discusses graduate unemployment, particularly in the context of Ghana, and explores the idea of graduate labor exportation as a potential solution.

What are some of the causes of graduate unemployment mentioned?

The document mentions several potential causes, including discrimination by educated youth towards certain job opportunities, universities offering unrelated school courses, graduates not adequately preparing themselves, and a mismatch between the number of graduates produced and the number of jobs created.

What are the recommended guidelines for graduate labor exportation?

The document suggests several guidelines, including making government goals clear and reliable, using controlled channels for labor exportation, securing access to foreign labor markets through bilateral agreements, and prioritizing the search for limited-term employment opportunities in countries with labor deficits.

What role should the government play in graduate labor exportation?

The government should play a supportive and legal role throughout the process, including securing access to foreign labor markets, preventing its people from using uncontrolled channels to move, recruiting graduates, and ensuring the safety of traveling workers.

How can the safety of graduate traveling workers be ensured?

The government should be responsible for recruiting graduate workers for interested countries or organizations, proves true the terms of workers` contract with the foreign employer, help on ones behalf, and hold whole countries responsible for the protection of its graduate workers.

What kind of support should be provided to traveling workers?

Support should include encouraging workers to use official channels for sending money home, partially paid for benefits such pre moving from one place to another, training on social and work conditions in other countries, life insurance and money paid regularly after retirement plans, medical insurance and tuition help. Additionally, the individual is encouraged to open an account with a defined bank in Ghana and accumulated salaries in their personal bank accounts cannot be access whiles working in abroad unless the graduate worker returns to his or her home country.

How can the government encourage continued ties with the homeland?

The government can sponsor tours of entertainers, support exporters of local foods, and offer mental counseling services that emphasize Ghanaian values. They should also allow across the ocean graduate workers exported to vote in national elections during their period of contract whiles in other countries and should support of the return of travelling workers part of its policy.

What incentives should be offered to returning traveling workers?

Incentives should include duty-free shops, tax-free shopping for one year, loans or business capital at special rates, and ability to participate for partially paid for money given to good students to help pay for college.

What sources are cited in this document?

The document cites several sources, including:

• Boateng, K. & Ofori-Sarpong, E. (2002).
• International Labour Organization (2013).
• Kelvin Balogun (March 23, 2016).
• United Nations Economic Commission for Africa. (2010).

• College: University of Cape Coast (Graduate Studies, School of Business)
• Course: MBA-Accounting
• Author: Emmanuel Duffour (Author)
• Publication Year: 2016
• Pages: 6
• Catalog Number: V336314
• ISBN (eBook): 9783656989738
• ISBN (Book): 9783656989745
• Language: English
• Tags: reducing, graduate, unemployment, ghana, through, labour, export