State Regulation of Employment in Kazakhstan: Labor Market and Ways of Development
State regulation of population employment (hereinafter – SREP) is critical in ensuring national stability and prosperity. The present study aims to explore avenues for enhancing SREP in Kazakhstan and formulate actionable implementation proposals. The methodology employed encompasses scientific abst...
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| Format: | Article |
| Language: | English |
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Institute of Economics under the Science Committee of Ministry of Education and Science RK
2024-10-01
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| Series: | Экономика: стратегия и практика |
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| Online Access: | https://esp.ieconom.kz/jour/article/view/1398 |
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| author | G. S. Smagulova A. A. Barzhaksyyeva |
| author_facet | G. S. Smagulova A. A. Barzhaksyyeva |
| author_sort | G. S. Smagulova |
| collection | DOAJ |
| description | State regulation of population employment (hereinafter – SREP) is critical in ensuring national stability and prosperity. The present study aims to explore avenues for enhancing SREP in Kazakhstan and formulate actionable implementation proposals. The methodology employed encompasses scientific abstraction, comparative analysis through induction and deduction, communication analysis, statistical data analysis, and an integrated approach to generate comprehensive insights. The study reveals a 1-3% increase in the workforce and self-employed individuals over the past three years, which signifies moderate but consistent growth in labor participation. However, the COVID-19 pandemic led to a temporary 2% rise in unemployment in 2022, a setback followed by a reduction to 1% by the end of 2023, indicating a gradual improvement in labor market conditions. The study proposes innovative measures aimed at fostering job creation, especially in emerging sectors such as information technology and the “green” economy, emphasizing the need for strategic investment in these areas. Furthermore, recommendations are provided to support entrepreneurship and the development of small and medium-sized enterprises, which are pivotal for sustainable employment growth. The findings of this research indicate that the proposed measures have the potential to enhance employment levels and contribute to overall economic growth significantly. The contribution of this study lies in identifying effective strategies for further development and enhancement of SREP to increase employment opportunities and promote economic resilience in Kazakhstan. Future research will examine the impact of legislative changes on employment, the implications of automation and digitalization, and provide a comparative analysis of successful international employment regulation practices. |
| format | Article |
| id | doaj-art-4cc9ef2ad3264b4f9cacbc38dd8652a8 |
| institution | DOAJ |
| issn | 1997-9967 2663-550X |
| language | English |
| publishDate | 2024-10-01 |
| publisher | Institute of Economics under the Science Committee of Ministry of Education and Science RK |
| record_format | Article |
| series | Экономика: стратегия и практика |
| spelling | doaj-art-4cc9ef2ad3264b4f9cacbc38dd8652a82025-08-20T02:53:44ZengInstitute of Economics under the Science Committee of Ministry of Education and Science RKЭкономика: стратегия и практика1997-99672663-550X2024-10-0119311713610.51176/1997-9967-2024-3-117-136497State Regulation of Employment in Kazakhstan: Labor Market and Ways of DevelopmentG. S. Smagulova0A. A. Barzhaksyyeva1Al-Farabi Kazakh National UniversityAl-Farabi Kazakh National UniversityState regulation of population employment (hereinafter – SREP) is critical in ensuring national stability and prosperity. The present study aims to explore avenues for enhancing SREP in Kazakhstan and formulate actionable implementation proposals. The methodology employed encompasses scientific abstraction, comparative analysis through induction and deduction, communication analysis, statistical data analysis, and an integrated approach to generate comprehensive insights. The study reveals a 1-3% increase in the workforce and self-employed individuals over the past three years, which signifies moderate but consistent growth in labor participation. However, the COVID-19 pandemic led to a temporary 2% rise in unemployment in 2022, a setback followed by a reduction to 1% by the end of 2023, indicating a gradual improvement in labor market conditions. The study proposes innovative measures aimed at fostering job creation, especially in emerging sectors such as information technology and the “green” economy, emphasizing the need for strategic investment in these areas. Furthermore, recommendations are provided to support entrepreneurship and the development of small and medium-sized enterprises, which are pivotal for sustainable employment growth. The findings of this research indicate that the proposed measures have the potential to enhance employment levels and contribute to overall economic growth significantly. The contribution of this study lies in identifying effective strategies for further development and enhancement of SREP to increase employment opportunities and promote economic resilience in Kazakhstan. Future research will examine the impact of legislative changes on employment, the implications of automation and digitalization, and provide a comparative analysis of successful international employment regulation practices.https://esp.ieconom.kz/jour/article/view/1398employmentlabor marketeconomyemploymentdevelopment measuresgovernment regulation practiceentrepreneurshipdigitalizationgreen economy |
| spellingShingle | G. S. Smagulova A. A. Barzhaksyyeva State Regulation of Employment in Kazakhstan: Labor Market and Ways of Development Экономика: стратегия и практика employment labor market economy employment development measures government regulation practice entrepreneurship digitalization green economy |
| title | State Regulation of Employment in Kazakhstan: Labor Market and Ways of Development |
| title_full | State Regulation of Employment in Kazakhstan: Labor Market and Ways of Development |
| title_fullStr | State Regulation of Employment in Kazakhstan: Labor Market and Ways of Development |
| title_full_unstemmed | State Regulation of Employment in Kazakhstan: Labor Market and Ways of Development |
| title_short | State Regulation of Employment in Kazakhstan: Labor Market and Ways of Development |
| title_sort | state regulation of employment in kazakhstan labor market and ways of development |
| topic | employment labor market economy employment development measures government regulation practice entrepreneurship digitalization green economy |
| url | https://esp.ieconom.kz/jour/article/view/1398 |
| work_keys_str_mv | AT gssmagulova stateregulationofemploymentinkazakhstanlabormarketandwaysofdevelopment AT aabarzhaksyyeva stateregulationofemploymentinkazakhstanlabormarketandwaysofdevelopment |