Uganda, Nov. 8 -- The momentum in employment picked up in October as companies sought to recruit more staff to meet sustained growth in new orders, according to the Stanbic Bank Purchasing Managers' Index.

The Index, which measures monthly performance of the economy based on interviews with company chief executives and purchasing managers, indicated that during October there was renewed increase in employment, ending a four-month sequence of decline.

However, Stanbic noted, a number of companies had maintained cautious hiring even as the Index returned an increase in staff costs for the second successive month since September.

During the period, Stanbic noted that while wages rose in agriculture, construction and industry, they fell in...