The situation in the labor market

In the III 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%.

9106 thousand people were employed in various sectors of the economy, of whom 6916.1 thousand were wage earners (75.9% of all workers in the economy) and 2189.9 thousand were self-employed (24.1% of all workers in the economy). The employment rate to the population aged 15 and over was 65,5%.

Compared to the correspoonding quarter of last year, total employment increased by 134.5 thousand people, including 78.4 thousand employees, self-employed 56.1 thousand people.

The largest quarter-over-quarter increases in employment were in health care, entertainment and recreation, administrative and support services, and transportation and warehousing.

Among young people aged 15 - 34²⁾, the unemployment rate was 3.3%. The proportion of NEET youth who do not work and are not engaged in education or vocational training was 7.1% (381.7 thousand people).

Officially at the end of October 2023. 285.8 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% 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.