Number of People Working from Paycheck to Paycheck Decreased by 0.22%
As of April 1, Azerbaijan's economy employs 1,507 thousand people who at the end of a month receive wages. Over the past 12 months, despite government claims on the monthly opening of 10,000 new jobs and reducing the unemployment rate to 5%, the number of employees in the country has decreased by 0.22%.
According to the committee, by the 1st of January this year in Azerbaijan there were 1 516.1 thousand employees, 9.1 thousand more than by April 1.
It is noteworthy that the number of employees in Azerbaijan is stable over the last two years and it has become 27.6 thousand more. According to the same official data, during this period the number of people employed in the economy increased by 144 thousand.
The state is the main employer: as of April 1 the state enterprises and budgetary organizations employed 879.2 thousand people, which is 21.5 thousand or 2.4% less than in April 2014. During this period in the private sector the number of employees increased by 18.1 thousand, or 1.03%. In the last 24 months the private sector gave jobs to 44.8 thousand people. ----08B
Economics
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In November, the State Tax Service fined 608 entrepreneurs who received payments for goods and services from clients' bank cards directly to their personal bank cards. Similar reports of fines for card-to-card transactions were issued by the Tax Service in October. The agency clarified that these violations were identified during monitoring activities at retail and catering establishments in Baku.
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Azerbaijan has undertaken significant regulatory reforms to advance its digital and transport sectors, President Ilham Aliyev announced on Thursday, signing a decree amending the regulations governing the activities of the Ministry of Digital Development and Transport.
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The Ministry of Agriculture of Azerbaijan has announced the return of its renowned fair, "From Village to City," which will take place from December 21 to 30 in Baku. The event, held in the Narimanov district near the "Ganjlik" metro station, will provide farmers with a platform to sell their products directly to consumers, bypassing intermediaries.
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From December 1, 2024, the State Oil Company of the Azerbaijan Republic (SOCAR) has commenced gas deliveries to Slovakia under an agreement reached in November with SPP, Slovakia's state-owned energy firm, SOCAR announced in a press release.
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