Multivariate Econometric Analysis of Employment of the Population of the Republic of Karakalpakstan
Abstract
This study addresses the asymmetric behavior of the labor force participation rate in the Republic of Karakalpakstan, highlighting the need for nonlinear econometric analysis. The research focuses on the employment challenges, labor market creation, and unemployment prevention in Karakalpakstan, analyzing labor resources and monitoring labor market dynamics. A statistical and economic analysis of labor market development is conducted to understand the current state and economic activity trends. The research aims to assess the nonlinear dynamics of economic activity using econometric methods. Findings reveal significant nonlinearity in the labor market, offering insights for policy recommendations to improve employment outcomes.
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