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labour markets

Diaspora remittances drop by Sh3.77 billion as global pressures hit Kenyan workers abroad
Business

Diaspora remittances drop by Sh3.77 billion as global pressures hit Kenyan workers abroad

The latest performance echoes the trend seen in 2023 when remittance inflows during the review period fell by 1.8 percent. At the time, rising prices across major economies reduced the amount of disposable income available to migrant workers, limiting the money they could send to relatives back home.

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Global joblessness to hit nearly 186 million in 2026 as youth, women struggle for work
Business

Global joblessness to hit nearly 186 million in 2026 as youth, women struggle for work

The Employment and Social Trends 2026 report highlights that 300 million workers are still living in extreme poverty, earning less than $3 (Sh387) a day. Even those in employment are often trapped in low-paying, insecure jobs, showing that having a job does not always protect against poverty.

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