Uzbekistan plans to cut unemployment rate to 4% by 2030

Uzbekistan plans to cut unemployment rate to 4% by 2030
Photo: Daryo

Uzbekistan plans to reduce its unemployment rate to 4 percent by 2030, according to a draft document prepared by the Ministry of Poverty Reduction and Employment. The draft was posted on the portal for discussing draft regulatory legal acts.

Under the draft, the share of people working in the informal sector in total employment would fall to 25 percent by 2030. Unemployment among women would be reduced to 5 percent and among young people to 4.5 percent. The share of women in management positions is targeted to reach 35 percent, and their share in the civil service 40 percent.

The strategy envisages covering training costs for 700,000 unemployed people and job seekers without official income through vouchers, including vocational, entrepreneurship and foreign language courses. It also plans to create 50,000 new jobs in green economy sectors and digitalise 70 percent of employment services. In 2025, the country had 745,000 unemployed people and an unemployment rate of 4.8 percent.

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This story was automatically summarised and translated from Daryo. All rights to the story belong to its source.

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