Briefing: Labor market reforms accelerate amid demographic growth
Strategic angle: Uzbekistan is overhauling its labour market to better match skills with employer demand.
Uzbekistan is currently overhauling its labor market to better align workforce skills with the demands of employers. This initiative is driven by the need to address demographic growth and its implications for productivity.
Key components of the reform include the expansion of vocational pathways designed to enhance job readiness among the workforce. This is crucial for ensuring that job seekers possess the necessary skills to meet market needs.
Additionally, the government is focusing on supporting enterprise growth as a means to stimulate job creation. By fostering a more robust business environment, Uzbekistan aims to improve employment outcomes and economic stability.