In Azerbaijan, officially 239,500 unemployed
The unemployment rate in Azerbaijan on 1 August 2013 was 5.1%. Azerbaijan officially had 239,500 unemployed, which is 3,600 fewer people than at the beginning of the year, the State Statistics Committee told Turan. Over the past three years, the unemployment rate in the country dropped by about 20,000 people.
According to the estimates of GCS, at the beginning of August this year, the number of economically active population totaled 4,729,000 persons. Compared with the beginning of the year the figure rose to 40 600 people. At the same time engaged in labor activities 4,489,500 people, which is higher than compared to January of this year by 44 200 people.
It is noteworthy that the government approves the opening of the first half of this year, 58,700 new jobs, of which 44 700 - permanent.
On August 1 this year by the employment service in Azerbaijan was granted the status of an unemployed 37 166 people, of whom 36% live in Baku. However, not all unemployed were "lucky" to get a status and an appropriate allowance. The average unemployment benefit is 222.6 manat.
Note that on July 1 of this year Azerbaijan's population reached 9,411,800 people. Thus, approximately 50.2% of the population is economically active. - 08D-
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- 19 August 2013 12:36
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- 19 August 2013 12:55
Economics
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Azerbaijan’s oil and condensate production and exports saw a marked decrease during the period from January to September 2024, continuing a downward trend compared to previous years.
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Investments in fixed assets in Azerbaijan totaled 12.7 billion manats ($7.5 billion) in the first nine months of 2024, down 3.9 percent compared to the same period last year, the State Statistics Committee said on Monday. Investment in the oil and gas sector fell by 8.4 percent, while investment in the non-oil and gas sector dropped by 1.6 percent.
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Industrial production in Azerbaijan rose by 1.3% year-on-year in the first nine months of 2024, reaching 47.8 billion manats ($28.2 billion), the State Statistics Committee reported on Monday. The growth was driven by a 0.6% increase in the oil and gas sector and an 8.7% rise in the non-oil and gas sector.
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As of September 2024, the labor market in Azerbaijan has demonstrated active activity, total employment has reached 1,754.9 thousand people. The labor force is almost equally divided between the state and non-state sectors, which employ 878.3 thousand and 876.6 thousand people, respectively, according to the State Statistics Committee.
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