For the first time in many years Azerbaijan recognized the growing number of unemployed. Compared with the first quarter of the year, the number of unemployed increased in the second quarter by 0.5%.
According to the State Statistics Committee, in the second quarter of this year in Azerbaijan on the methodology of the International Labor Organization, there were 237,300 unemployed, which is 1,300 more than in the first quarter.
According to official statistics, the unemployment rate is 5%. Busy, that is, having a certain income, are considered 4,556,500 people. In the second quarter of 2010 the number of unemployed persons was 259,300, and this figure has declined each quarter.
The government claims that in the first half of this year 65 100 new jobs were created in Azerbaijan, 52 800 of which are constants. The region accounts for 69.3% of new jobs. It is noteworthy that in the context of these statements, as compared to the beginning of the year the number of workers employed in the country's economy grew by only 1,200 people and reached 1,511,300. --08D--
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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