More people have joined the labour market and job creation has been strong, with employment increasing by 2½ per cent over the year, compared with growth in the working-age population of 1¾ per cent. The unemployment rate has also declined over the past year (Graph 7).
Njuguna Ndung’u: FIRST in development Address by Prof Njuguna Ndung’u, Governor of the Central Bank of Kenya, at the FIRST Consultative Group Meeting, Nairobi, 24 November 2008.