6,000 Paid Jobs Created During the Year
As of January 1 of this year, the total number of employees was 1 million 516.1 thousand, which was 6,000 or 0.39% more than the year before.
According to the committee, at the beginning of this year 884.4 thousand people worked in the public sector. In state institutions and enterprises the number of employees decreased by 15.8 thousand (-1.8%). In the private sector in 2014, the number of employees increased by 21.8 thousand or 3.5%.
The government states that in 2014 due to his support for the private sector over 100,000 new jobs were opened and the unemployment rate fell to 5%.
According to estimates of the SCS, the average monthly wage in the economy of Azerbaijan on an annualized basis increased 5% to 444.3 manat. ---08D
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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