In June of this year, the economy of Azerbaijan involved 388.6 thousand employees. During 12 months their number increased by 16 thousand persons or 1.1%, the State Statistics Committee told Turan.
Growth in the number of employees was mainly due to the private sector. When in June 2011 in the private sector worked 513.4 thousand people, in June this year the figure reached 540 thousand people.
According to the GCS in the first quarter of this year, the number of the employed population was about 4.4 million people. In other words, every two thirds of the employed population had income from self-employment and has no steady income. However, the government argues that the unemployment rate below the European average. - 08B-
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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