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Private sector steps up hiring despite flat business activity
Employment is a key component of the PMI index, carrying a weight of 20 percent in the composite headline figure, meaning sustained job growth provides a buffer against sharper declines in the overall reading.
Private sector firms in Kenya stepped up hiring in February despite the slowest growth in business activity in six months, an indication that firms may be racing to clear backlogs of previous orders.
The latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI) shows that employment growth accelerated during the month, extending a run of job creation that began in February 2025.
