At the beginning of January 2013 in Azerbaijan, there were 243.1 thousand unemployed in the methodology of the International Labor Organization. The unemployment rate was 5.18%, the State Statistics Committee told Turan.
According to the State Statistics Committee, the number of employed people in the country on the first of January of this year reached 4 445.3 thousand. Over the year, employment in the country increased by exactly 70 thousand people. In 2010-2012, the number of employed persons in the country increased by 116.2 thousand people.
It is noteworthy that in the last four years, despite the government claims the opening of hundreds of thousands of new jobs, the number of unemployed in absolute terms decreased very slowly.
In 2009, there were approximately 259 thousand unemployed, the beginning of this year it reached 243.1 thousand, a decrease of 16 thousand people. - 08B-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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