In Kazakhstan, more than 30,000 people have joined the ranks of the unemployed

At the end of July, 752,100 unemployed people were registered in the countries of the Eurasian Economic Union, which is 6.3% less than a year earlier. However, against the backdrop of an overall decline in the union's indicators, Kazakhstan was the only country where the number of unemployed increased.

Almost half of all unemployed people, 49.07%, live in Kazakhstan. For comparison, in Russia, where the population is almost seven times higher than in Kazakhstan, there are only 297,100 registered unemployed people, which is equivalent to 0.4% of the total workforce. In Kazakhstan, this figure is 3.8%.

In addition, contrary to the general trend in the EAEU towards a decrease in unemployment, Kazakhstan has seen an increase. At the end of July, there were 369,100 registered unemployed people. For comparison, in July 2024, there were 338,700 unemployed people, or 3.5% of the workforce. Thus, over the year, from July to July, the increase amounted to almost 30,000 people.

Other EAEU countries show a decline:

• Russia: 297,100 people (0.4% of the workforce) compared to 361,000 a year earlier.
• Kyrgyzstan: 45,300 people (1.6%) compared to 57,600 in July 2024.
• Armenia: 36,600 people (2.7%) compared to 41,300.
• Belarus: 4,000 people (0.1%) — no change.

The overall trend in the EAEU shows a decline in registered unemployment, but the situation in Kazakhstan is different.