Saturday, September 14, 2019

Labor figures


August 1:
- the number of employees (1 million 613.8 thousand people) in Azerbaijan remained at the level of the previous month,
- average monthly salary (587.7 manat) increased only by 0.4%, the State Statistics Committee reports.

Reality:
According to official figures, in July the number of employees in the public sector (902.4 thousand people) decreased by 1 thousand people. The number of workers in the private sector grew just as much... 

due to the legalization of the hidden employees. 

Result: increase in unemployment. Should we add anything else? Facts are facts:

Edited on Sep, 17:

Turan: Local employment authorities registered about 71,000 unemployed on September 1, the State Statistics Committee (SSC) reports. This is the highest figure in two decades.
Compared to the beginning of this year, the number of people actively seeking work has grown 3.5 times. Nevertheless, according to the same official sources, the unemployment rate in the country remains virtually unchanged at about 5% (253 thousand people) of the economically active population.