EFFECTS OF RISING COST OF LIVING
It’s not only transportation fares that have gone up in Ghana, but ordinary staples like kenkey, rice, gari, corn, wheat and bread, have all gone up. For the middle income earning man inclined to having dinner with the family outside the home once a week, it’s certainly a trying time.
Keeping a car, providing house keeping money, paying kids school fees, paying utility bills have all become expensive, most people, not only the low income earning ones, say.
To add to the present difficulties is the rising unemployment level in the country, with majority of graduates still parading and walking across the corridors of companies looking for employment, years after completing their education. Academic brilliance is not enough to thrust one unto the job market; a bit of luck has a role to play in this.
Another contentious issue is the wage bill that comes with the job, with most employers paying what looks much more like a slave wage to their employees. The reason is not far fetched: business is not good and in some other cases employers have the notion that they are doing their employees a favour by giving them jobs so they pay them anything.
Source: GhanaWeb
