Unemployment level in Kazakhstan keeps flat in May at 5.1%.

By bne IntelliNews June 11, 2014

Unemployment level in Kazakhstan stood at 5.1% in May remaining unchanged since the start of the year, according to the newest data from the State Stat Agency data. The number of unemployed amounted to 466,400 people.

As of May-end, the number of the unemployed officially registered with the employment offices of the Ministry of Labor and Social Protection came to 61thsd people or 0.7% of the economically active population. The level of hidden unemployment stood at 0.4% of the economically active population.

The number of working people amounted to 8.8mn and increased by 169.1thsd people (2% y/y). The number of hired personnel stood at 6mn people. Kazakhstan's population amounts to 17mn people.

Related Articles

Kazakh central bank approves €1bn assistance package for four banks

Kazakhstan’s central bank announced on October 18 that it has approved an assistance package worth KZT410bn (€1.04bn) for ATF Bank, Eurasian Bank, Tsesna Bank and Bank ... more

Turkey-based Eurasian development bank ETDB signs memo to boost return to Iran

The Central Bank of Iran (CBI) and the Turkey-based ECO Trade and Development Bank (ETDB) have signed a memorandum on strengthening bilateral ties, the CBI said on October 10. ETDB is a Eurasian ... more

Air Astana claims Kazakh air traffic may halt due to aviation fuel suspension

Air Astana said on September 25 that regular air traffic might come to a halt in Kazakhstan due to falling aviation kerosene supplies from Russia as well as the upcoming ... more

Dismiss