In the first quarter of 2013 in Azerbaijan was opened 27,789 new jobs, of which 21,764 are permanent, said the State Statistical Committee. 56-year-old resident of Baku Ramiz Djumaliev says his son Ziya, having two technical higher educations, can not find jobs in his field.
Most of the jobs (75.8%) were created by individuals, i.e., persons engaged in petty trade. The remaining jobs were opened in existing facilities (14.1%) and the newly established companies (9.9%).
According to the SSC, 72.7% of new jobs created in the regions of the country, and 95.2% of jobs are in the non-oil sector of the economy.
In total, the second state program of development of the regions of the country in 2009-2013 was opened 388.9 thousand new jobs, including 297 thousand - permanent.
According to the estimates of SSC, the number of economically active population of Azerbaijan as of 1 May this year, more than 4.7 million people. Of these, 235.3 million are unemployed. On that date the status of the unemployed were 37.5 million people, of which 2.3 million people were receiving unemployment benefits in the amount of AZN 248.5 a month. - 08B-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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