Ajumako: The Trades Union Congress (TUC) has issued a cautionary statement that the much-celebrated economic growth in the country holds little significance without the creation of jobs. The union firmly stated, 'economic growth without jobs is exclusion.'
According to Ghana News Agency, this reality is particularly evident in Ghana, where GDP growth has averaged five to six percent in recent years, yet unemployment remains a pressing issue, with graduates waiting over five years to secure employment. The Union has urged the government to expand its definition of economic success beyond macroeconomic stability, emphasizing that the ultimate goal should be to enhance the living conditions of workers and citizens.
Madam Cynthia Maame Aba Sam Ananoo, Central Regional Secretary of the Union, delivered this message at the Regional May Day celebration, held for the first time in Ajumako, located in the Ajumako-Enyan-Essiam District of the Central Region. The event was themed: 'Pivoting to growth, jobs and sustainable livelihoods beyond macroeconomic stability.'
The TUC posed critical questions, asking whether macroeconomic gains create jobs, raise incomes, secure the future, and build sustainable livelihoods. They argued that if these conditions are not met, stability, though important, remains incomplete. Prior to the event, hundreds of enthusiastic workers paraded through the main streets, brandishing placards that articulated their concerns, such as 'Fix GES non-teaching promotions now,' 'jobs and security are our priority,' and 'do not clap for us, pay us fairly.'
The Union also called on the government to urgently address the money lending market by reducing interest rates to spur broader economic development. They highlighted a disconnect between the falling inflation, the Bank of Ghana's prime rate, and the persistently high commercial lending rates that hinder business growth, kill jobs, and widen inequalities.
Mr Joseph Asamoah Munoo, Regional Chairman of the TUC, echoed the Union's sentiments, acknowledging the government's efforts to stabilize the economy. However, he noted, 'Inflation is down. The Cedi is steadier. But stability is not the destination. You cannot take stability to the market as our people need jobs, better pay, and lasting livelihoods.'
He emphasized that economic growth should prioritize the establishment of factories and not just economic figures in Accra. 'Jobs must mean decent work, social security, health insurance, and a living wage, not contracts,' he stated, stressing that livelihoods must provide opportunities for youth in agriculture and a 24-hour economy to contribute meaningfully to national development.
Mr Ekow Panyin Okyere Eduamoah, the Regional Minister, praised the relentless efforts of workers across the region and called for action on environmental sustainability. He underscored the urgent need for collective responsibility in addressing waste pollution challenges and urged workers to combat illegal mining and deforestation, which have severe environmental impacts.
He pointed out that these activities have resulted in water contamination, loss of biodiversity, and increased vulnerability to flooding and erratic weather, endangering livelihoods in agriculture, fishing, and cocoa farming. 'Our region's future depends on us,' Mr Eduamoah declared, urging workers to report illegal operations, engage in reforestation efforts, and promote sustainable practices. He assured government support through enforcement teams and awareness campaigns to bolster these initiatives.