Over the month, the number of employees decreased by 1.2%
In January of this year, the number of employed persons in Azerbaijan reduced by 17 800 people. At the same time government agencies say the legalization and the opening of new jobs.
According to the State Statistics Committee, on February 1 this year in the country's economy were employed 1,492,300 workers employed, which is 1.2 % less than in the beginning of the year . The Department of Labor of SSC told Turan, that this is due to the reduction of employees of SOCAR.
February 1, in the public sector have worked 896,800 (-0.4%), in the private sector - 595,500 people (-2.4%).
Ministry of Taxes reports that in January-February it found 1,425 illegal workers. The State Labor Inspectorate Service under the Ministry of Labor and Social Protection of population during this period provided the registration of labor relations with 1,330 irregular workers.
It is noteworthy that these state structures of employment in the country do not match. Thus, the State Statistics Committee today released data on the level of employment on January 1, 2014, according to which employed were 4,521,200 people, which is 1.7 % more than early last year. Over the last 2 years the employment rate rose by 145 900 people. According to another report it , the number of workers employed for 2 years increased by 109,400 people. The contrast is that the Ministry of tax claims that during these two years only by his efforts was legalized 200,000 jobs.
According to the State Social Protection Fund , on the first of January this year on the individual account social security payers consist 2,691,000 people.
According to the SSC, the unemployment rate in Azerbaijan is at the beginning of the year 5 % (236 600 persons).
Head of the NGO League for the Protection of Labor Rights Sahib Mammadov told Turan, that the criteria for determining employment in Azerbaijan flawed. "Regardless of whether or not the land is cultivated, all family members having land share, are related to employment. Part of the working population engaged in seasonal employment. And in some industrial enterprises workers have been released on indefinite leave. All these persons are employed population , " he said.
According to experts, taking into account the shadow unemployment, real unemployment is to be expressed in double digits. - 08B-
Economics
-
Azerbaijan’s economy, which is heavily dependent on oil revenues, faces a stark warning in the 2021 report by Carbon Tracker titled “Beyond the Oil States: The Urgent Need to Reduce Dependence on Oil in the Context of the Energy Transition.” The report ranks Azerbaijan among the most vulnerable oil-dependent countries, placing it in the "5th group" — a category reserved for nations expected to experience a decline in oil and gas revenues exceeding 40% over the next decade. This group includes Angola, Bahrain, Timor-Leste, Equatorial Guinea, Oman, and South Sudan, highlighting shared economic risks for these states.
-
Azerbaijan's non-oil and gas exports rose 3.5% year-on-year to $2.8 billion during the first ten months of 2024, the Center for Analysis of Economic Reforms and Communication (CAERC) reported in its November "Export Review."
-
Azerbaijan Railways CJSC (ADY) will modify the schedules for commuter and domestic trains in line with the Cabinet of Ministers' decision to adjust work and rest days in November, aiming to ensure safe and comfortable travel during the COP29 event, the company announced.
-
In Azerbaijan, the government has increasingly relied on tax exemptions for imported goods as a tool to stabilize domestic market prices. The exemption from the 18% VAT on wheat imports, extended this year, exemplifies this approach. New measures have also been introduced, including tax relief on imports of electric vehicle chargers, while exemptions for high-cost medications are currently under discussion. Notably, defense imports continue to be free from taxes and customs duties.
Leave a review