A report published by the Trades Union Congress (TUC) has revealed that a majority of Ghanaian workers receive less than 2 dollars a day.
According to the report those workers also do not have any form of pension contributions.
The report also stated that about 73 percent of Ghanaian workers operate under vulnerable conditions, adding that the 73 percent working under vulnerable conditions are mostly in the informal sector.
Out of the employed population of 11.21 million, 64.3 percent who are self-employed do not contribute to any pension’s fund, leaving their retirement period uncertain, the report said.
Labour Expert, Austin Gamey, who spoke to Citi Business News, described the situation as a smudge on Ghana’s economy.
He argued that a middle-income country like Ghana should have better conditions for its working population.
“If someone is paid less than the minimum wage then it is problematic. And if they do not earn enough income to pay their rent, utilities and have to save to pay voluntary pension, then it is a serious issue,” Mr. Gamey lamented.
He urged Labour unions, employers and government to come together to address the problem.
Statistics from the report
The national population is currently estimated at 29 million, out of this, the employed population stands at 11.21 million representing 88% of the total population while the unemployed population is 1.53million representing 12%.