The situation in the labor market1)

In the II quarter of 2023, the unemployment rate in Kazakhstan, calculated according to the International Labour Organisation's methodology (who did not have a profitable occupation (job), were actively looking for it and were ready to start it), amounted to 4.7%.

9 115,1 thousand  people were employed in various sectors of the economy, of whom 6 945,8 thousand were wage earners (76,2% of all workers in the economy) and 2 169,3 thousand were self-employed (23,8% of all workers in the economy). The employment rate to the population aged 15 and over was 65,6%.

Compared to the correspoonding quarter of last year, total employment increased by 144 thousand people, including 104.1 thousand employees, self-employed 39.9 thousand people.

The largest share of the employed population was observed in trade (16.6%), education (12.9%), industry (12.3%) and agriculture (12.2%).

In the II quarter of 2023, there were 452.6 thousand unemployed people (according to ILO methodology).

Among young people aged 15 - 34²⁾, the unemployment rate was 3.6%. The proportion of NEET youth who do not work and are not engaged in education or vocational training was 7.5% (401.6 thousand people).

Officially at the end of July 2023. 293.5 thousand unemployed were registered in the employment agencies of the Ministry of Labor and Social Protection of the Population of the Republic of Kazakhstan. The proportion of registered unemployed was 3.1% of the labor force

Methodical explanation

The unemployed (according to ILO standards) are persons who did not have a profitable occupation (job), were actively looking for it and were ready to start it.

 

¹⁾  Data from a sample survey of employment.

²⁾ According to the Law of the Republic of Kazakhstan "On State Youth Policy". From January 1, 2023 the age of young people is increased to 35 years.