As of May 1, in the economy of Azerbaijan were occupied by 1,510,500 people, which is 100 more than the previous month. At the same time there have been some changes in the structure of employment in individual sectors.
According to the State Statistics Committee, the State provides employment to 900,700 people. In the private sector are employed 609,800 people. Slight increase in employment occurred in the private sector.
If as of April 1 in the field of education were employed 22.4% of the total number of employed persons, the next month, it increased by 0.3%. 0.5% decline in the number of employees in industry (12.4%), construction (6.6%) - 0.4%, transportation and warehousing (5%) - 0.1%. The specific weight of information and communication in the structure of employment in the past month rose from 1.7% to 1.8%.
Average monthly wage of employed persons in January-April amounted to 436.7 manat, an increase over the month by 2.4 manat. - 08D -
Economics
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Azerbaijan has initiated the creation of the Trans-Caspian Customs Transit Portal, an ambitious project aimed at simplifying and accelerating customs procedures for goods transiting through regional countries. The portal, which facilitates faster goods clearance through pre-processing of data and streamlined formalities, is seen as a key step toward enhancing trade efficiency in the Caspian region.
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Azerbaijani President Ilham Aliyev hosted Jenny Johnson, CEO and President of Franklin Templeton, one of the world's leading asset management firms, to explore avenues for strategic cooperation.
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Azerbaijan produced 28,394.1 million kilowatt-hours (kWh) of electricity in 2024, according to operational data released by the Ministry of Energy.
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The 10th meeting of customs heads from the Organization of Turkic States (OTS) commenced in Baku on Tuesday, bringing together senior officials from Azerbaijan, Turkey, Kazakhstan, Uzbekistan, and Kyrgyzstan. Representatives from the United Nations, the International Road Transport Union (IRU), and the customs authorities of Georgia and Hungary also participated.
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