Ghana’s labour market showed mixed signals in August 2025, with fewer job adverts recorded compared to a year earlier, according to new data from the Bank of Ghana (BoG).

The number of job postings captured from selected print and online media, a key indicator of labour demand, fell to 2,799 in August 2025, down from 3,123 in the same month of 2024.

This represents a 10.4% year-on-year decline, highlighting a slowdown in new hiring opportunities across the economy.

However, the data also showed that job vacancies rose 3.6% month-on-month, up from 2,703 adverts in July 2025.

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Cumulatively, between January and August 2025, the total number of advertised jobs stood at 24,106, only slightly below the 24,428 recorded over the same period last year, indicating relative stability in overall labour demand so far this year.

In a more encouraging sign, the number of private sector contributors to SSNIT, which serves as a partial measure of formal employment levels, increased by 3.5% to 1,089,965 in July 2025, up from 1,053,235 in July 2024.

On a month-to-month basis, SSNIT contributions remained almost unchanged, moving only slightly from 1,088,458 contributors in June 2025, suggesting that employment in the formal private sector has held steady despite fluctuations in job postings.

SSD/MA

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