The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their Economy
Continuous transformations, which have been observed more and more in recent years, require an increase in the effectiveness of measures in the state regulation of the labour market, which is possible only with a clear understanding and realistic assessment of its condition and existing trends of ch...
Saved in:
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2025-05-01
|
| Series: | Economies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2227-7099/13/5/131 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849711267552428032 |
|---|---|
| author | Ansagan Beisembina George Abuselidze Begzat Nurmaganbetova Gulnur Kabakova Aigul Makenova Ainash Nurgaliyeva |
| author_facet | Ansagan Beisembina George Abuselidze Begzat Nurmaganbetova Gulnur Kabakova Aigul Makenova Ainash Nurgaliyeva |
| author_sort | Ansagan Beisembina |
| collection | DOAJ |
| description | Continuous transformations, which have been observed more and more in recent years, require an increase in the effectiveness of measures in the state regulation of the labour market, which is possible only with a clear understanding and realistic assessment of its condition and existing trends of changes. For this purpose, guided by the data of the Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan, the country’s labour market was monitored, and the key factors that played a significant role in its formation were identified. Using these factors as a basis, vector autoregression (VAR) models were built to analyse dynamic relationships between economic variables. The choice of stationary variables ensured the adequacy of the model, which was confirmed by diagnostic tests such as the ADF test, Jarque–Bera test, and Ljung–Box test. Impulse response functions (IRFs) were used to assess the effect of shocks on each variable and other system variables. All results were visualised as graphs illustrating the dynamics of the impact over ten times. The modelling results showed that the changes are interrelated: shocks to youth unemployment (YUR) have the most significant impact on the total unemployment (UR) and the unemployed population (U), while outward migration (NM) has a short-run effect mainly on the economically active population (EA). The model confirmed that the labour market is indifferent to changes in youth unemployment, a key indicator for forming an effective employment policy. The study’s practical significance lies in its potential to inform the government, international organisations, and business communities about the state of the labour market and the necessary vectors of social policy. This will ensure economic growth and improve citizens’ quality of life in light of the changing nature of the labour market. |
| format | Article |
| id | doaj-art-5edacf1228c347cab9574da2cd3d139b |
| institution | DOAJ |
| issn | 2227-7099 |
| language | English |
| publishDate | 2025-05-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Economies |
| spelling | doaj-art-5edacf1228c347cab9574da2cd3d139b2025-08-20T03:14:39ZengMDPI AGEconomies2227-70992025-05-0113513110.3390/economies13050131The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their EconomyAnsagan Beisembina0George Abuselidze1Begzat Nurmaganbetova2Gulnur Kabakova3Aigul Makenova4Ainash Nurgaliyeva5Department of Economics, Toraighyrov University, Lomov, 64, Pavlodar 140008, KazakhstanDepartment of Finance, Banking and Insurance, Batumi Shota Rustaveli State University, Ninoshvili, 35, Batumi 6010, GeorgiaDepartment of Finance, Accounting and Auditing, Korkut Ata Kyzylorda University, A. Herzen, 26, Kyzylorda 120012, KazakhstanDepartment of Economics and Management, Korkut Ata Kyzylorda University, A. Herzen, 26, Kyzylorda 120012, KazakhstanDepartment of Finance, Accounting and Auditing, Korkut Ata Kyzylorda University, A. Herzen, 26, Kyzylorda 120012, KazakhstanDepartment of Economics, Toraighyrov University, Lomov, 64, Pavlodar 140008, KazakhstanContinuous transformations, which have been observed more and more in recent years, require an increase in the effectiveness of measures in the state regulation of the labour market, which is possible only with a clear understanding and realistic assessment of its condition and existing trends of changes. For this purpose, guided by the data of the Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan, the country’s labour market was monitored, and the key factors that played a significant role in its formation were identified. Using these factors as a basis, vector autoregression (VAR) models were built to analyse dynamic relationships between economic variables. The choice of stationary variables ensured the adequacy of the model, which was confirmed by diagnostic tests such as the ADF test, Jarque–Bera test, and Ljung–Box test. Impulse response functions (IRFs) were used to assess the effect of shocks on each variable and other system variables. All results were visualised as graphs illustrating the dynamics of the impact over ten times. The modelling results showed that the changes are interrelated: shocks to youth unemployment (YUR) have the most significant impact on the total unemployment (UR) and the unemployed population (U), while outward migration (NM) has a short-run effect mainly on the economically active population (EA). The model confirmed that the labour market is indifferent to changes in youth unemployment, a key indicator for forming an effective employment policy. The study’s practical significance lies in its potential to inform the government, international organisations, and business communities about the state of the labour market and the necessary vectors of social policy. This will ensure economic growth and improve citizens’ quality of life in light of the changing nature of the labour market.https://www.mdpi.com/2227-7099/13/5/131labour marketunemploymentemploymentmigrationworkplacessurplus of personnel |
| spellingShingle | Ansagan Beisembina George Abuselidze Begzat Nurmaganbetova Gulnur Kabakova Aigul Makenova Ainash Nurgaliyeva The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their Economy Economies labour market unemployment employment migration workplaces surplus of personnel |
| title | The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their Economy |
| title_full | The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their Economy |
| title_fullStr | The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their Economy |
| title_full_unstemmed | The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their Economy |
| title_short | The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their Economy |
| title_sort | labour market in kazakhstan under conditions of active transformation of their economy |
| topic | labour market unemployment employment migration workplaces surplus of personnel |
| url | https://www.mdpi.com/2227-7099/13/5/131 |
| work_keys_str_mv | AT ansaganbeisembina thelabourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT georgeabuselidze thelabourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT begzatnurmaganbetova thelabourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT gulnurkabakova thelabourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT aigulmakenova thelabourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT ainashnurgaliyeva thelabourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT ansaganbeisembina labourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT georgeabuselidze labourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT begzatnurmaganbetova labourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT gulnurkabakova labourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT aigulmakenova labourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy AT ainashnurgaliyeva labourmarketinkazakhstanunderconditionsofactivetransformationoftheireconomy |