Unemployment in Azerbaijan in the III quarter of 2013 was 5.02 %, down 0.24 percentage points compared with the same period in 2012. Turan was told at the State Committee of Statistics (SCS).
The unemployment rate for the third quarter compared with the previous quarter fell by 0.07 percentage points Total according to SCS, in the third quarter the number of the country's unemployed by the ILO methodology was 238.1 thousand people, which is 6.1 thousand less than in the comparable period in 2012 . The number of employed people in the country on an annualized basis ( the third quarter of 2012 ) grew by 109.6 thousand people or 2.49% .
For comparison, in the other South Caucasus countries, unemployment is about 15-16 % of the economically active population. Meanwhile, the number of unemployed in Armenia (about 230 thousand) is almost equal to the index for Azerbaijan.
It should be emphasized that only made public in Azerbaijan is the absolute indicator of unemployment. . In other countries, however, they provide information on the age, gender and regional structures of the unemployed. NGOs do not agree with the official data on unemployment, considering them too politicized. - 08B-
Economics
-
As a significant step toward strengthening Azerbaijan's position in global trade, the "International Trade" working group of the Commission on Business Environment and International Rankings held a videoconference to review progress achieved and set objectives for 2025. Key participants included the First Deputy Minister of Economy, Elnur Aliyev; the Head of the Economic Reforms Monitoring and Evaluation Sector, Vusal Shikhaliev; and the Deputy Chairman of the State Customs Committee, Natig Shirinov.
-
Under the auspices of Azerbaijan’s Ministry of Economy and the Azerbaijan Export and Investment Promotion Agency (AZPROMO), a pivotal exporters’ meeting was held this week in Baku. The event brought together government officials, industry leaders, and entrepreneurs to review progress in export operations over the past year and set ambitious goals for 2025.
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
Leave a review