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“The CSS, from its study of the situation, found that over a million individuals who contributed significantly to Ghana’s workforce and also served as breadwinners in their families have had to suffer the misery of job loss,” the Centre said in a press release Monday.
Citing a 2017 report, the centre said the job cuts span the industrial, banking and mining sectors as well as the media and services sectors.
The socioeconomic impact of these significant job losses on the general economy implies that well over three million livelihoods have been adversely affected given that one job loss can be said to have two dependants, though the empirics could mean worse.
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