Economy
Layoffs rise to Covid levels on higher taxes, fuel costs
Monday November 06 2023
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.
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