Unemployment analysis in kenya

Services[ edit ] The services sector is by far the most important sector in the European Union, making up Companies have a greater reliance on bank lending than in the United States, although a shift towards companies raising more funding through capital markets is planned through the Capital Markets Union initiative, the EU plan put forward by the Commission in September to mobilise the free movement of capital within the EU. London is also a leading international centre for professional services which are sold to clients across the EU. This is criticised as a form of protectionisminhibiting trade, and damaging developing countries ; one of the most vocal opponents is the UK, the second largest economy within the bloc, which has repeatedly refused to give up the annual UK rebate unless the CAP undergoes significant reform; France, the biggest beneficiary of the CAP and the bloc's third largest economy, is its most vocal proponent.

Unemployment analysis in kenya

The survey did not capture the educational qualifications of unemployed youth. These people are underemployed in terms of their skills.

Unemployment analysis in kenya

The statistics office said its survey did not cover areas such as formal and informal work, multiple jobs, earnings, literacy and those not in the labour force. It recommended more research into these topics, with a new survey announced in September Edited by Lee Mwiti What help is there for unemployed youth?

In the fund reported that, since inception, it had loaned money to aboutyouth businesses seeking to start or expand, trainedin entrepreneurship and helped 20, get jobs outside the country.

Unemployment in Kenya, what you should know :: Kenya - The Standard

But its beneficiaries faced many challenges, Osumba told Africa Check. Many went into business after being unable to get into formal employment. If this became available they often left their businesses, or handed them to less invested parties, often contributing to high failure rates.

Unemployment analysis in kenya

Other hurdles included loan defaults, long repayment periods that reduced new loans, and a lack of skills to maintain businesses. The agency estimates it has reached only 1.

This is subject to: Crediting Africa Check in the byline, keeping all hyperlinks to the sources used and adding this sentence at the end of your publication: View the original piece on their website", with a link back to this page.8 Gayline Vuluku et al.: Unemployment and Underemployment in Kenya: A Gender Gap Analysis this study is to examine gender differences in unemployment and underemployment in Kenya.

Specifically, the study has three objectives: First, the study.

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In Africa, unemployment and underemployment continue to plague the region despite relatively strong growth in the region over the last decade. Boaz Munga and Eldah Onsomu examine the state of unemployment in Kenya and the role of education in improving the country's labor market. Unemployment Rate in Kenya averaged percent from until , reaching an all time high of percent in and a record low of 10 percent in In Kenya, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

The main goals of this work are to make analysis of the tendency of trend of the unemployment rate in Kenya and to determine the factors/causes of unemployment in Kenya.

Kenya Unemployment Rate | | Data | Chart | Calendar | Forecast

Unemployment is widely regarded as a major social and economic global problem. Unemployment Rate in Kenya averaged percent from until , reaching an all time high of percent in and a record low of 10 percent in In Kenya, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

In /, the open unemployment rate among the youth ages as estimated by the Kenya National Bureau of Statistics, was 24% compared to an overall open unemployment rate of %. Open unemployment rate in urban areas at 9% is more than double that in rural areas.

Unemployment Analysis in Kenya - Hcamat College Park