More firms to hire on economic recovery

Graduates queue for job interviews. FILE PHOTO | NMG

A third of companies and banks expect to increase their employee numbers this year, signalling relief for thousands who are still out of work after losing jobs due to the Covid pandemic.

Chief executives told the Central Bank of Kenya (CBK) in a periodic markets perceptions survey carried out last month that increased demand for goods and services, and the need to expand and launch new products call for hiring additional staff.

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