At a government session on the results of socio-economic development in the 1st quarter 2016 and the upcoming tasks the Minister of Labor and Social Protection of Population Salim Muslimov reported that 33.3 thousand people are employed in state institutions - public companies opened 18 thousand new jobs and 13 thousand. job seekers entered labor contracts and were attracted to the works of improvement undertaken by local authorities.
In addition, from February 1, the minimum size of the unemployment benefit increased by 36.4%, while the budget for these purposes grew 2.4 times.
According to the minister, the electronic information system of notifications under labor contracts with a view to transparency of labor relations and the formation of a complete and objective information database on the labor market allows direct and operational control of labor relations. "According to the system, during the quarter the number of employed persons increased by 6.6 thousand to 1 million 256.7 thousand people (exception - Nakhchivan AR and paper employment contracts).
Speaking of the income of the state social security fund at the Labor Ministry of Azerbaijan, the minister said that by April 1, compared to the same period last year, they increased by 3.6 million to 756 million AZN at the SSPF expenditures of 762 million AZN, 98.4% of which occurred in the payment of pensions and benefits. "As a result of raising the base part of labor pension by 10% from February 1, 26.5 million manats was directed for these purposes in February and March.
According to Muslimov, the insurance part of labor pension was increased in accordance with the consumer price index of the previous year (+ 4%). The average monthly pension increased by 7% from the figures of January 1 to 190 manats, including labor pension on age - up to 210 manat.
Recall that all these achievements are expressed in manats despite the fall of the national currency by 100% against the US dollar. --17D-
Economics
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