A recent Monetary Policy Report from the Bank of Ghana (BoG) reveals a minor decline in job advertisements for June 2024.
The report indicates that there were 2,968 job postings in June 2024, a slight drop from 2,993 job ads recorded during the same month in 2023.
Despite this small decrease, the data suggests that the overall demand for labour, as reflected in job advertisements across selected print and online media, remained relatively stable when compared to the previous year.
This stability suggests that, although there is a slight reduction in job postings, the broader trend in labour market demand has not shifted significantly.
“Cumulatively, for the first half of 2024, the total number of advertised jobs went up by 2.4 percent to 17,278, from 16,866 recorded during the same period in 2023”, it said.
The Monetary Policy Report provides a comprehensive overview of the economic and financial sector evaluations that the Monetary Policy Committee (MPC) reviewed before making its policy decisions.
These evaluations were integral to the deliberations held during the MPC’s 119th meeting in July 2024.
The report details how the MPC assessed various economic indicators and financial conditions to inform their policy choices, offering insights into the factors that influenced their decision-making process.