Overall 3,037 jobs were cut in 2008 and 8,747 in 2009. Overall 89,557 jobs were created in 2008, 75% of them being permanent ones. Overall 54,515 jobs were created in 2009, 50% of them being temporary ones. Overall 31,144 people were engaged through the employment service in 2008 and 28,342 in 2009.
The independent experts analyzed the unemployment, referring to the official reports. It was revealed that mainly educated people lost their jobs. The crisis mainly struck educated middle-aged people in Azerbaijan unlike the developed countries, where the unemployed mainly included less educated young people.
The staff cut mainly regarded processing and extracting industries.
The ERC experts proposed to research the labor market better and to create opportunities of social dialogue between the employers and the employees. They are sure unemployment should be overcome in economic and not administrative ways. E.g. the salary fund"s social allocations and the taxation of salaries and wages should be reduced. The science-requiring areas of industry and infrastructure should be stimulated more to let highly educated people find jobs there. The payment of unemployment benefits should be improved. --17D--
Economics
-
Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
-
The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
-
Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
-
In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
Leave a review