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.

Read in IntelliNews Pro

Get IntelliNews Pro

Related Articles

US investor reportedly to replace CEFC in refinery deal with KazMunayGas

A US investor backed by Overseas Private Investment Corporation (OPIC) might replace troubled China Energy Company Limited (CEFC) and take over 51% of KazMunayGas International ... more

ADB sees general Central Asia slowdown in 2018

The Asian Development Bank’s (ADB’s) Asian Development Outlook anticipates a general slowdown across the Central Asian region, with the exceptions of Uzbekistan, where the development bank ... more

Kazakhstan mulls ban on cryptocurrencies

Kazakhstan’s central bank is considering a ban on cryptocurrency use, exchanges, and mining, Daniyar Akishev, the chairman of Kazakhstan’s National Bank, told ... more

Dismiss