For May 1, in the economy of Azerbaijan are employed by a contract with the employer 1 504.7 thousand people. From the beginning, 11.400 people lost their job.
The State Statistics Committee published the monthly data on employment in the country's economy, according to which the number of working from paycheck to paycheck is comparable only 14-month statute of limitations, the number of employees amounted to 1 million. 494.100. (1 March 2014.).
The government claims the opening 10,000 new jobs every month, and reducing the unemployment rate to 5%.
For the 1st of May in state enterprises and budget organizations worked 874.700 people, by 9.700 less than in 1 January of this year. Since the beginning of the year in the private sector the number of employees fell by 1.700 people , and totaled 630,000 people. 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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