Development of Entrepreneurship as a Main Priority in Ensuring Youth Employment

Abstract

International practices show that systematic state support of the development of youth entrepreneurship gives a chance to talented and ambitious young people with potential and promising business ideas to become entrepreneurs, and will ensure the development of entrepreneurship in the country, which, in turn, will lead to economic growth, increase in employment, investment attractiveness, and social stability of society. The purpose of research paper is to consider the priorities of ensuring effective youth employment. The areas of youth entrepreneurship development are one of the tools for increasing youth employment, where there should be taken into account the current situation in youth entrepreneurship in Kazakhstan. Methods of tabular representation of data is used as statistical tool. Originality of the research is that authors tried to examine the improvement of institutional frameworks that contribute to increasing the potential for the formation of full employment , which should include a complex improvement of the conditions for the labor market functioning in such areas as improvement of the system of employment promotion institutions and advanced training of labor force; improvement of the efficiency of the information infrastructure of the labor market; improvement of the regulative infrastructure of the labor market in terms of regulating the relations of the market players and stimulating the creation of new jobs.