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The second forum of human resource management is held in Baku. The event is organized by the insurance company Pasha Hayat Sigorta, and the main speaker was the Deputy Minister of Labor and Social Protection of Population Idris Isayev.
According to him, by 1 November the employment agencies were applied for employment by around 190 thousand people, of which 53 thousand were provided with jobs, and 11 thousand received the status of unemployed in the hope of receiving benefits. "By the beginning of the year the most critical state of unemployment was among young people - according to the official data at the beginning of the year, 13.5% of them did not work, and now this figure has grown due to the economic situation - the numbers will be announced at the end of the year," said the deputy minister.
Since January, 339.2 thousand labor contracts have been concluded and 312.6 thousand contracts have been canceled in part due to closure and downsizing. For example, in the construction sphere more than 4 thousand people and in the financial sector 2.7 thousand people have been sacked. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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