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1 2 million Kenyan youth give up on search for jobs

1.2 million Kenyan youth give up on search for jobs Thursday December 24 2020 By CONSTANT MUNDA Summary Kenya National Bureau of Statistics (KNBS) data suggests 54.95 per cent of the 2.15 million people aged between 20 and 34 who were out of work did not attempt to look for a job four weeks to the end of September. However, the number of youthful Kenyans who had “given up” on employment in the July-September period was slightly lower than 1.58 million or 54.02 per cent of 2.93 million jobless youth in the second quarter. Overall, nearly 1.89 million, or 57.98 per cent, of the 2.63 million unemployed Kenyans aged between 15 and 64 and who qualify as labour force were not actively looking for work, according to the KNBS survey based on feedback from 25,260 households.

The silver lining during pandemic

THE STANDARD By Standard Team | December 25th 2020 at 00:00:00 GMT +0300 President Uhuru Kenyatta during the unveiling of the Presidential Declaration for the conservation of the iconic fig tree along Waiyaki Way in Nairobi County. [PSCU] It has been a difficult year and as the sun sets on 2020, it is easy to overlook the positives that have happened in the middle of one of the worst times in human history. But there have been silver linings in the dark cloud of a difficult year. One of the most notable positives has been the acceleration of digital payments system in the country. Although Kenya has always been miles ahead of the world with regard to mobile payments system, the coronavirus pandemic accelerated the use of various mobile platforms to slow down the spread of the virus by minimising handling of hard currencies.

Kenya s SGR freight revenue rises in Q3

news Kenya s SGR freight revenue rises in Q3 , © Provided by N.C.N. Limited A train is seen at Mombasa station of Mombasa-Nairobi Standard Gauge Railway (SGR) in Kenya, June 1, 2018. (Xinhua/Wang Teng) Kenya s standard gauge railway cargo revenue rose 10 percent in the third quarter, defying the challenging times brought about by the COVID-19 pandemic to post growth, new economic data shows on Thursday. NAIROBI, Dec. 24 (Xinhua) Kenya s standard gauge railway cargo revenue rose 10 percent in the third quarter, defying the challenging times brought about by the COVID-19 pandemic to post growth, new economic data shows on Thursday. The revenue rose from 2.85 billion shillings (about 26.1 million U.S. dollars) in the quarter ending June to 28.7 million dollars in the three months to September, the data from the Kenya National Bureau of Statistics (KNBS) indicates.

Kenyans earning over Sh100,000 revealed

Kenyan firms create 1 8m jobs as economy reopens

Kenyan firms create 1.8m jobs as economy reopens Wednesday December 23 2020 By CONSTANT MUNDA Summary The Kenya National Bureau of Statistics (KNBS) showed Tuesday that the number of people in employment had increased to 17.67 million in September, up from 15.87 million in the quarter to March. This suggests that layoffs have eased and some firms are back to hiring and recalling workers placed on leave despite a rise in coronavirus infections. Kenya, which has 94,768 confirmed cases of the Covid-19, up from 38,713 on October 2 and 1,647 fatalities so far, started the gradual re-opening its economy in July. More than 1.8 million jobs were created in the three months to September, buoyed by more firms resuming operations after the easing of some restrictions imposed to stem the spread of Covid-19.

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