Unemployment in Kazakhstan

Kazakhstan Unemployment | Economic News & Forecasts

Kazakhstan - Unemployment

The economy continued to suffer in the third quarter on the fallout from the pandemic and related containment measures, with the government imposing a lockdown that lasted from early July to late August. Industrial production plummeted in Q3, likely as mining output was hurt by lower oil production due to OPEC+ cuts. Moreover, merchandise exports were down further in July–August, also dented by OPEC+ cuts, while fixed capital investment also contracted in the quarter. More positively, retail sales rebounded in Q3 after contracting in Q2. In other news, new restrictions such as limits on the operating hours of cafes and restaurants were imposed in the capital Nur-Sultan on 14 October, after the resumption of flights was paused on 5 October. These measures, coupled with lockdowns abroad, bode ill for prospects of a recovery in the final quarter of the year.

Kazakhstan - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate5.1  4.9  4.9  4.8  -     

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Kazakhstan Unemployment Chart

Kazakhstan Unemployment
Note: Unemployment as % of active population (aop).
Source: Agency of Statistics

Kazakhstan Facts

Value Change Date
Exchange Rate382.90.32 %Jan 01
Stock Market0.10.0 %Jan 07

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