Dr Bawumia said “Graduate unemployment has reached crisis proportions with a reported 60% of graduates unable to find a job."
Bawumia is calling on government to see this as a national security issue and find lasting solutions to them.
He said the unemployment challenge would worsen next year, when government begins the rationalisation of workers in the civil service as agreed under the International Monetary Fund (IMF) programme.
Speaking at a public lecture at the National Theatre on Thursday, September 8, under the theme: ‘State of Ghana’s Economy – Foundation of Concrete or Straw?’, he said, “The World Bank has reported that youth unemployment in Ghana stands at 48 per cent and an unemployed graduates’ association has been formed for the first time under this government.”
Dr. Bawumia said, "An Unemployed Graduates Association has been formed for the first time under this government.”..., “The increasing unemployment in the country is a ticking time bomb.”