Educational mismatch and the labor market in Kazakhstan

Abstract

This article analyzes the educational mismatch and its impact on the labor market in the Republic of Kazakhstan based on available data from open sources. An analysis of the literature on education management shows that many countries are studying this problem. Researchers identify such negative effects from educational mismatch as staff turnover, the wrong choice of profession, dissatisfaction with work and earnings. The authors, having studied foreign literature on this issue, suggest using the experience of India as an option to bring education in line with the needs of the labor market. In our opinion, in the Republic of Kazakhstan, serious, systematic studies of educational discrepancy should be carried out by research institutes and government bodies. Using the methodology proposed by R. Verdugo and N. Verdugo by such state bodies as the Ministry of Education and Science of the Republic of Kazakhstan, as well as the Ministry of Labor and Social Protection of the Population of the Republic of Kazakhstan, will help to assess the real state of education and the labor market and draw appropriate conclusions to mitigate the discrepancy. Ultimately, Kazakhstan’s higher education system must better adapt to the current realities of the labor market. When writing the article, economic and statistical methods, methods of analysis, synthesis, comparison, analogy were used.