Financial Analyst, Sydney Casely-Hayford says government should know better than to blackmail its people with job cuts amidst labour demands for higher wages.
This follows a warning given to the various labour unions by the General Secretary of the National Democratic Congress (NDC), Johnson Asiedu Nketia, that their constant demand for salary increment will only force government to cut jobs.
In an earlier interview with Citi News, Mr. Nketia served notice that �if all your workers are demanding higher wages in a situation where you are not making profits, you can only cut costs by reducing the number of people you have employed.�
�If unions are interested in employment generation, then they have to understand the implications of higher wage demands; agitation for higher wages in this time of crisis is not an option that we should be looking at currently,� he added.
There are increasing calls on government to increase salaries due to the frequent tariff and petroleum price adjustments the country has witnessed within the first quarter of this year.
Government has also introduced a number of taxes as a means of raking in more revenue.
Ghanaians are now paying more for utilities and transport and other social services.
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