As of the 1st of September this year in Azerbaijan work 1 491.9 thousand hired employees. It is 11.2 thousand or 0.75 % more than at the beginning of the year.
According to the Statistics Committee, employed by the first of October of this year were 4 504.4 thousand people. In view of the economically active population, unemployment amounted to 238.1 thousand people. Compared with the fourth quarter of last year, unemployment decreased 5.4 thousand people. Official unemployment rate was 5.02 %.
Note that by the beginning of October registered as unemployed were 36.9 thousand people. Of these, unemployment benefits (259.5 manat per month) were granted to 975 people. - 08D -
Economics
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Azerbaijani President Ilham Aliyev inspected a fleet of specialized municipal service vehicles in Baku on Thursday, as part of efforts to modernize urban infrastructure and improve environmental sustainability.
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Azerbaijan's National Depository Center (NDC) has announced a series of strategic goals and digital innovations for 2024-2026, aimed at fostering trust, expanding market access, and diversifying investment instruments in the country’s capital markets.
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The payment method used in Baku's public buses, which operates via a mobile phone app and QR code activated by the M10 program, creates difficulties for passengers, economist Samir Aliyev stated on Facebook.
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Starting next year, the Azerbaijani government will adopt a new policy towards entrepreneurs who export domestic products abroad but fail to return a portion of their earnings to the country. This issue often concerns Azerbaijani tomatoes sold in Russia. According to National Bank Chairman Taleh Kazimov, decisions to penalize such entrepreneurs will no longer be made without a thorough investigation into the reasons behind the failure to repatriate earnings.
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