Unemployment Rate in Kazakhstan remained unchanged at 5 percent in August from 5 percent in July of 2020.

Unemployment Rate in Kazakhstan averaged 5.56 percent from 2003 until 2020, reaching an all time high of 9.70 percent in March of 2003 and a record low of 4.80 percent in June of 2018. This page provides - Kazakhstan Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kazakhstan Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020.

Unemployment Rate in Kazakhstan is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Kazakhstan to stand at 5.00 in 12 months time. In the long-term, the Kazakhstan Unemployment Rate is projected to trend around 5.00 percent in 2021 and 4.80 percent in 2022, according to our econometric models.

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Kazakhstan Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 9.70 4.80 2003 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-06-16 10:00 AM May 4.8% 4.8% 5.0%
2020-07-15 09:00 AM Jun 4.8% 4.8% 5.0%
2020-08-17 10:00 AM Jul 5% 4.8% 5.0%
2020-09-16 10:00 AM Aug 5% 5% 5.0%
2020-10-19 10:00 AM Sep 5% 5.0%
2020-11-16 10:00 AM Oct
2020-12-16 10:00 AM Nov

Kazakhstan Unemployment Rate
In Kazakhstan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.