Firms lay off for first time in 7 months on new Covid restrictions

Nairobi city skyline. FILE PHOTO | NMG

Kenya’s employment market conditions darkened in April as private firms cut jobs for the first time in seven months, hurt by month-long curbs on travel and longer night time curfews in the capital Nairobi and four surrounding counties to control the spread of Covid-19, a new survey shows.

The monthly Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) shows that the job sheds —the first since September — coincided with the sharpest decline in orders since May last year as businesses scaled down operations.

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