According to the official estimates of the State Statistics Committee, the employed population in Azerbaijan as of 1 November was 4,421.5 million. Compared to the results of statistical research for the second quarter of this year, the number of employees in the country increased 37.4 thousand people.
In THE State Statistics Committee they told Turan that at the beginning of November this year Azerbaijan had 243.8 thousand unemployed. This represents 5.2% of the labor force of the country. In the last four months unemployment in the country decreased 0.1%.
It should be noted that the state structures are seriously engaged with providing employers with the conclusion of individual contracts. According to the Ministry of Taxes, from April this year, with the assistance of tax officials labor relations were legalized between 53 thousand employers and 174 thousand individuals.
This year, another 30 thousand jobs were legalized by the State Employment Service of the Ministry of Labor and Social Protection. - 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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