Casual workers hardest hit by company layoffs in 2024

A CBK survey notes that the number of firms that have retrenched workers this year is more than double those that have recruited.

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A new survey revealing trends in Kenya’s labour market has revealed that one in four companies have laid off permanent employees this year, and only one in 10 firms have added new permanent jobs.

At the same time, while only 13 percent of companies have hired new casual workers this year, close to half (42 percent) of firms have fired casuals amid tough economic times, according to a survey by the Central Bank of Kenya (CBK).

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Note: The results are not exact but very close to the actual.