ILO-definition unemployment in Kazakhstan remains flat at 5.2% in August.

By bne IntelliNews September 15, 2013

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.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Kazakhstan can expect GDP growth of 3.1% this year and 5.6% next, says IMF

The International Monetary Fund (IMF) projects real GDP growth of 3.1% this year and 5.6% in 2025 for Kazakhstan in its newly released ... more

Lukoil expands in Kazakhstan

Lukoil is expanding its oil and gas operations in Kazakhstan, the Moscow-based Kommersant newspaper reported on April 8, amid limited overseas opportunities for the company because of Russia’s ... more

Kazakhstan and Uzbekistan’s combined IT exports surpass $800mn

Kazakhstan and Uzbekistan’s combined IT exports surpassed $800mn in 2023. The Kazakh IT sector's export revenue jumped from $50mn in 2020 to over $500mn last year. Astana Hub was a major ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    8 days ago
  4. Don't mention the "D" word - Ukraine
    5 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    2 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss