Kazakhstan has the third-highest unemployment rate in Eurasia according to global ranking

According to the global ranking of unemployment rates for 2024, prepared by ILOSTAT, Kazakhstan is 104th out of 187, with an unemployment rate of 4.8%.
Analysts from Energyprom.kz recorded the worst unemployment rates in Eswatini (34.4%), South Africa (33.2%), and Djibouti (25.9%). Qatar has the lowest rate (0.1%).
Only Tajikistan (11.6%) and Azerbaijan (5.6%) were ahead of Kazakhstan in the Eurasia region. Moldova (1.4%), Russia (2.5%), and Kyrgyzstan (3.3%) showed the best performers in the region. For context, the global average unemployment rate in the Central Asia region stood at 5.5%, compared to 5% in Europe.
According to the Bureau of National Statistics of Kazakhstan (BNS), there were 448,600 unemployed individuals by the end of Q3 2024 (0.6% fewer than during the same period in 2023), with the official unemployment rate at 4.6%.
The primary causes of unemployment were family circumstances (100,200 cases), voluntary resignations (95,600 cases), and difficulties in finding employment (92,200 cases).
It took 127,500 individuals less than a month to find a job; 113,300 – one to three months;124,600 – three to six months; 36,800- six months to a year; 46,000 – over a year.
Entrepreneurial ventures had already been initiated or employment arrangements were secured by 332 individuals.

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