Formal employment is growing
In January, unemployment status was obtained by 552 people, and unemployment benefit was appointed to 621 citizens.
As stated in the State Employment Service of the Ministry of Labor and Social Protection of Azerbaijan , has on its account and to ensure employment as a temporary or permanent - the opportunity is given to citizens in 1905 .
In addition, in January 150 people were sent to training courses in accordance with the requirements of the labor market. As of February 1, 13 people were involved in paid public works.
In the cities of Baku, Sumgait, Ganja and Mingachevir 314 people were employed in temporary jobs through labor exchanges," the statement reads.
According to the State Statistics Committee, as of 1 January of this year officially registered 36,209 unemployed persons (previous year was 36,791). Unemployment benefit was 268.5 manat (previous year - 224.1 manat ) .
By the beginning of the year the number of able-bodied population was 4 million 757.8 thousand people. - 17D-
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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