Unemployment Rate in Kenya decreased to 5.40 percent in 2024 from 5.60 percent in 2023. This dataset provides - Kenya Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Kenya’s unemployment rate was 5.43 percent in 2024. This represents a steady decline from the increase after the financial crisis. What is unemployment? The unemployment rate of a country refers to the share of people who want to work but cannot find jobs. This includes workers who have lost jobs and are searching for new ones, workers whose jobs ended due to an economic downturn, and workers for whom there are no jobs because the labor supply in their industry is larger than the number of jobs available. Different statistics suggest which factors contribute to the overall unemployment rate. The Kenyan context The first type, so-called “search unemployment”, is hardest to see in the data. The closest proxy is Kenya’s inflation rate. As workers take new jobs faster, employers are forced to increase wages, leading to higher employment. Jobs lost due to economic downturns, called “cyclical unemployment”, can be seen by decreases in the GDP growth rate, which are not significant in Kenya. Finally, “structural unemployment” refers to workers changing the industry, or even economic sector, in which they are working. In Kenya, more and more workers switch to the services sector. This is often a result of urbanization, but any structural shift in the economy’s composition can lead to this unemployment.

The youth unemployment rate in Kenya stood at 11.93 percent in 2024. Between 1991 and 2024, the youth unemployment rate rose by 5.7 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

In 2023, around 20 million people were employed in Kenya, this was an increase of some 900,000 individuals from the previous year. The employees belonged mostly to the informal sector. Roughly 16.7 million worked in informal conditions, whereas close to 3.3 million were employed in the formal sector. The informal sector constitutes an important part of the Kenyan economy, being related to employment creation, production, and income generation. Trends in the informal labor market and economic sectors The largest employment activities for people in the informal sector were in wholesale and retail trade, as well as hotels and restaurants, with 9.32 million people employed in these areas in 2022. Moreover, the hospitality sector in the country was the fastest-growing economic sector with a quarterly growth rate of 21.5 percent of the GDP. However, the largest economic sector as an added value to the GDP was the agricultural sector. Navigating unemployment challenges in Kenya Kenya’s unemployment rate is following a decreasing trend, which dropped below five percent at the end of 2022. However, unemployment among the youth in the same period was fairly high at 13.4 percent. The cohort with the highest level of unemployment was among the age group between 20 to 24 years old, with an unemployment rate of over 15 percent.

Key information about Kenya Monthly Earnings

• Kenya Monthly Earnings stood at 590 USD in Jun 2023, compared with the previous figure of 639 USD in Jun 2022
• Kenya Monthly Earnings data is updated yearly, available from Jun 1997 to Jun 2023, with an average number of 420 USD
• The data reached the an all-time high of 651 USD in Jun 2020 and a record low of 157 USD in Jun 1997

CEIC calculates Monthly Earnings from annual Average Wage Earnings divided by 12 and converts it into USD. The Kenya National Bureau of Statistics provides Average Wage Earnings in local currency. The Central Bank of Kenya average market exchange rate is used for currency conversions. Monthly Earnings are in annual frequency, ending in June of each year. Monthly Earnings prior to 2008 are based on ISIC Rev. 2.


Further information about Kenya Monthly Earnings

• In the latest reports, Kenya Population reached 49 million people in Dec 2021
• Unemployment Rate of Kenya increased to 3 % in Dec 2020
• The country's Labour Force Participation Rate increased to 74 % in Dec 2023