Eei! Things dey happen for obroni side o. The latest reports from America dey show say joblessness dey go up small small. According to the US Department of Labor, people wey dey file for unemployment benefits, e reach the highest level since November 2021. This dey make some economists dey worry small, dey think say maybe the labor market dey slow down.
Wetin the Numbers Dey Talk?
For the week wey end June 7, about 248,000 new jobless claims dem file. This one no change from the week before, but e pass wetin economists dey expect. Then, the continuing claims, the people wey dey collect unemployment for long time, e reach 1.956 million! Chaley, this one be the highest since November 2021 o.
Why This Matter?
Economists dey talk say if continuing claims dey go up, e mean say people dey take long time to find new jobs. This one fit be sign say companies no dey hire like before. One big economist, Neil Dutta, even talk say e mean say unemployment dey go up, and hiring dey slow down.
How E Dey Affect Ghana?
You dey see, even though this one dey happen for America, e fit affect Ghana economy too. If America economy dey slow down, e fit affect the demand for our cocoa, gold, and other things wey we dey sell to dem. If dem no dey buy plenty, e fit affect our money and make things hard for us.
- Make we dey watch the global economy closely.
- Government need to make sure say we dey support local businesses so that dem go fit create more jobs.
- We for dey diversify our economy so that we no go rely too much on one country.
So, make we open our eyes and dey observe the signs. The world economy, e be like weather – e fit change any time!