ILO-definition unemployment rate remains flat at 5.2% in August, the State Stat Agency has informed. The number of unemployed people amounted to 469,400 people in August. The number of unemployed officially registered with the employment office of the Ministry of Labor and Social Protection came to 58,800 people or 0.6% of economically active population. The level of hidden unemployment stood at 0.4%, the Agency has informed. As of August, there were 8.6mn working people in Kazakhstan, 0.2% y/y up. The number of hired personnel amounted to 5.9mn people or 69.1% of the total number of the working people. The level of unemployment has been decreasing constantly in past 5 years.
The Islamic Republic of Iran wants to widen agricultural trade and joint investment with Eurasian Economic Union (EEU) states, a deputy agriculture minister told the bloc's farm-policy council ... more
The Eurasian Development Bank (EDB) has received a first-time long-term credit rating of 'Ag' from Hong Kong-based China Chengxin Credit Ratings Company (CCXAP), with a stable ... more
OPEC+ agreed on August 2 to raise output by around 188,000 barrels per day (bpd) from September, completing the unwinding of voluntary cuts first agreed in 2023. The decision, taken at a virtual ... more