World Data Lab and Mastercard Launch Africa Youth Employment Clock in Ghana

By : Hikmatu Bilali

Date : jeudi, 13 juin 2024 13:47

Last updated : jeudi, 13 juin 2024 13:52

Access to detailed employment data enables targeted interventions to address critical issues such as high youth unemployment, poverty, and limited economic diversification.The initiative aligns with Africa's broader goals of leveraging technology and education to foster inclusive growth.

World Data Lab, in partnership with Mastercard Foundation, launched the Africa Youth Employment Clock in Ghana, World data lab announced on June 12. This innovative tool offers real-time data on job growth, providing critical insights into employment trends and opportunities for Africa's youth.

The Africa Youth Employment Clock is a first of its kind providing consistent, comparable labour market statistics forecasting till 2030 for youth employment in Africa. Our aim is to ensure that decision makers are equipped with the right information to effect change for the youngest workforce in the world. We are proud to be partnering with the Mastercard Foundation to shape a better understanding of youth employment.” said Vice President Strategic Engagements, World Data Lab Dr. Reshma Sheoraj.

Since its inception, the Africa Youth Employment Clock has been pivotal in fostering discussions and actions to empower Africa's youth. Offering comprehensive data for all 54 African states and detailed sub-national data for Ghana, Kenya, and Rwanda, it serves policymakers, stakeholders, and advocates focused on youth empowerment and economic development. More than a data tool, it provides actionable insights, enabling informed decisions and impactful strategies to address unemployment, poverty, and economic diversification challenges.

Mastercard highlights a significant gap between the number of young people seeking employment and the limited opportunities available. In sub-Saharan Africa, 18 million jobs need to be created annually to absorb new labor market entrants, yet only 3 million formal jobs are currently being generated, as revealed by the African-Europe Foundation in its 2022 report on Migration and Mobility.

To address this, the Mastercard Foundation aims to help 30 million young Africans secure dignified work by 2030. This goal aligns with initiatives like the Africa Youth Employment Clock, which democratizes data and informs decisions in public and private sectors. Additionally, the foundation supports the Youth Forward Initiative, connecting youth to jobs in construction and agriculture, and the Youth Think Tank, which involves young people in researching and documenting community challenges and aspirations.

Hikmatu Bilali


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