TRENDS IN EMPLOYMENT AND WAGES IN THE LABOR MARKET OF KAZAKHSTAN

Abstract

Purpose of the research – To determine trends in employment and wages in the labor market of Kazakhstan, depending on the level of qualification.Methodology – The study was carried out by the desk method and consisted of two stages. At the first stage of the study, general indicators of employment and wages were analyzed, at the second - depending on the level of qualification. The source base was the statistical data of the Bureau of National Statistics of the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan. A limitation of the study was the lack of data on employment by age and region, as well as the studied statistical data for a certain period of time. The main research methods were comparison, economic and statistical analysis, horizontal and vertical analysis.Originality / value of the research – The study of employment and wages is especially relevant in the post-pandemic period, since the pandemic and the acceleration of digital transformation associated with it had a noticeable impact on the labor market development. This study is aimed at filling a research gap in the study of employment and wages in Kazakhstan’s labor market, depending on the level of qualification.Findings - The following trends can be distinguished in the labor market of Kazakhstan: an increase in employment in the tertiary sector of the economy, an increase in employment in the sectors of highly qualified services, an increase in the share of highly qualified and highly educated employees in the total number of employees, an increase in employment among women, a decrease in employment in professions and specialties related to routine physical work and repetitive learning tasks, rapid wage growth for skilled workers, gender segregation, wage inequality, including gender.