Official Number of Unemployed Growing
According to the State Statistics Committee, by 1 October of 2016 the able-bodied population of Azerbaijan was 4 million 978.3 thousand people at the employment of 4 million 731.4 thousand people. In comparison with indicators of the end of H1 of the year, the number of unemployed people increased by 2.7 thousand. The figures were announced by the Minister of Labor and Social Protection Salim Muslimov about the decline in the banking sector.
According to the Ministry of Labor, the employment service officially registered 33,803 unemployed people, of which 6,194 receive social welfare benefits (the average is 247.3 manat or minus 15 manat to the beginning of the year. --17D-
Economics
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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.
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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.
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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.
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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.
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