As of December 1, the Azerbaijan's economy included 1 507 500 people working on contracts with employers. On an annual basis, that is, in the last 12 months, the number of employees increased by only 1,600 people.
The government reports the opening of not less than 100 000 new jobs, creating hundreds of industrial and other enterprises in 2014. However, the same official statistics confirm that we can talk only about the temporary jobs created by individuals, mainly in trade and services.
It is noteworthy that in the last 12 months, the number of workers employed in the public sector decreased by 18.1 thousand, or 2%. 624,000 people worked in the private sector as of 1 December 2014. This is 3% (19.9 thousand) more than a year earlier.
Note that the government claims that as a result of its economic policy since October 2003 about 1.3 million new jobs or annually 100,000 were opened in the country since October 2003 and the unemployment rate is 5%. -----08B
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review