Layoffs rise to Covid levels on higher taxes, fuel costs

[ad_1]

Economy

Layoffs rise to Covid levels on higher taxes, fuel costs


DNFKEBRIEFING2402F

Federation of Kenya Employers Executive Director Jacqueline Mugo (left) and other board members address the Press on the status of the labour sector in Kenya at a past event. PHOTO | DIANA NGILA | NMG

Kenya’s unemployment crisis deepened further in October after companies cut jobs at a rate last witnessed at the peak of the Covid-19 pandemic when businesses resorted to layoffs, salary reductions, and unpaid leave to stay afloat.

Read more HERE

[ad_2]

Source link

Discover more from Africa Health Report

Subscribe now to keep reading and get access to the full archive.

Continue reading