Labor market in stagnation

071500084200
Government declares the opening of the country for half of the new 65,000, including 52,000 permanent jobs. Nevertheless, official statistics says that since the beginning of the year the number of employed persons grew by only 700 people.

As of June 1, the economy of Azerbaijan occupied 1,510,800 employed persons, which are 300 people more than a month earlier.

This month there was an outflow of labor from the private to the public sector. If as of May 1, the public sector employs 900 700 people, a month later, this figure reached 905,200 people. In the private sector the number of employed persons decreased from 609 800 to 605 600 people.

Average monthly wage of employed persons in January-May amounted to 438.1 manat, an increase over the month by 1.4 manat.

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Labor market in stagnation

July 15th, 2014

071500084200
Government declares the opening of the country for half of the new 65,000, including 52,000 permanent jobs. Nevertheless, official statistics says that since the beginning of the year the number of employed persons grew by only 700 people.

As of June 1, the economy of Azerbaijan occupied 1,510,800 employed persons, which are 300 people more than a month earlier.

This month there was an outflow of labor from the private to the public sector. If as of May 1, the public sector employs 900 700 people, a month later, this figure reached 905,200 people. In the private sector the number of employed persons decreased from 609 800 to 605 600 people.

Average monthly wage of employed persons in January-May amounted to 438.1 manat, an increase over the month by 1.4 manat.

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