The total number of private sector SSNIT contributors, which partially gauges employment conditions, improved by 2.7 per cent to 1,007,341 in May 2024, the Bank of Ghana’s Monetary Policy Report – July 2024, has revealed.

This compares to 980,808 for the same period in 2023.

Cumulatively, for the first five months of 2024, the total number of private sector contributors increased by 4.8 per cent to 5,063,676, from 4,829,487 recorded over the corresponding period in 2023, the report computed.

Also, it said the number of jobs advertised in selected print and online media, which partially gauges labour demand in the economy, remained largely unchanged in June 2024 relative to what was observed in the corresponding period a year ago.

In total, 2,968 job adverts were recorded as compared with 2,993 for the same period in 2023.

Cumulatively, for the first half of 2024, the total number of advertised jobs went up by 2.4 per cent to 17,278, from 16,866 recorded during the same period in 2023.