Features of Unemployment in the Labor Market in Kazakhstan

Abstract:

This paper discusses the problems of employment and unemployment in Kazakhstan. The both should be taken into account when developing macroeconomic policies. The government of Kazakhstan still judges unemployment mainly as a negative phenomenon in its economic policy. Thus, local labor market policy has the main goal: unemployment level should be low. But this leads to a decrease in the efficiency of the economy. There is a need for critical evaluation of government policies aimed at achieving low unemployment.

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