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Browsing: unemployment crisis
Kenya is regarded as the largest economy in the East African region and ranked amongst the top ten in Africa.…
Kenya’s unemployment rate doubled between April and June as 1,716,604 Kenyans lost jobs in this period according to the Kenya National Bureau of Statistics (KNBS).
According to the KNBS quarterly labour report, the number of those who have jobs (employed) shrunk to 15.9 million from a high of 17.8 million in Mach.
The unemployment rate in Kenya now stands at 10.4 per cent from 5.2 per cent in March with the employment to population ratio decreasing from 64.4 per cent to 57.7 per cent.
The number of people without jobs increased by 58.6 per cent to 1.8 million people from 961,666 in the first quarter.
The unemployment figure is however further aggravated by a rise in the number of the long-term unemployed(individuals with continuous periods of unemployment extending for one year or longer) and individuals outside the labour force which masks the unemployed statistics.
source: tradingeconomics.com
The long-term unemployed increased …