As of November 1, Azerbaijan's economy employed 4.6 million people. Most of the employed population is landowners, who are considered as occupied categories of persons by the government, as well as individuals engaged in entrepreneurial activities (mainly petty trade), without creating a legal entity.
Of the total number of employed people only 1,507,500 people or 32% are hired workers. Compared to the previous month, the situation on the labor market has not changed much. According to of the State Statistics Committee, in the past month the number of hired employees grew by only 100 people.
In the former Soviet Union in terms of population, Azerbaijan is comparable with the Republic of Belarus - 9.5 million people in each country. According to the National Statistics Committee of Belarus, the total employed population reached 4,474,200 people by October 1. Of these, 3,207,000 people, or 71.8% were employees of organizations and enterprises of Belarus, i.e. hired workers. --08B--
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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