Kazakhstan faces workforce shortage as diploma numbers rise
Kazakhstan is experiencing a workforce shortage despite an increase in diploma holders. The lack of skilled professionals threatens various sectors. This issue arises even as educational institutions continue to produce graduates.
Rising Diploma Numbers
Kazakhstan has seen a significant increase in the number of diploma holders, with educational institutions reporting higher graduation rates. The Ministry of Education highlights that over 200,000 diplomas were awarded last year. Despite this, the labor market struggles to find qualified professionals in critical fields.
Sectoral Impact
The shortage of skilled workers is affecting sectors such as technology, healthcare, and engineering. Companies like KazMunayGas and Samruk-Energy report difficulties in filling specialized roles. The National Chamber of Entrepreneurs warns that this could hinder economic growth if not addressed.
Protests Over Gas Prices
Protests erupted in Kazakhstan on January 2, 2022, following a sudden increase in gas prices. The Kazakh government attributed the price hike to high demand and price fixing. The unrest began in Zhanaozen, a city located on an oil field, and quickly spread to other cities.
What's Next
The government plans to hold a summit to address the skills gap in November. It remains unclear whether proposed measures will effectively bridge the gap.
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Kazakhstan faces workforce shortage as diploma numbers rise
