In October, the number of workers employed in Azerbaijan decreased by 2.7 thousand people or 0.2%, the State Statistics Committee.
As of November 1, 1 million 513.7 thousand people who work for wages were employed in the economy. In comparison with the beginning of the year, employment grew by 17.6 thousand people.
As of November 1,888.4 thousand people (+1.7 thousand) worked in the public sector, and 625.3 thousand people (-4.4 thousand) worked in the private sector. ----08D
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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