Wednesday, March 11, 2020

Unemployment and salaries

Since 2016, in any situation of the economically active population, the number of unemployed remains at the same level - no more than 254 thousand people. This is evidenced by the data of the State Statistics Committee for 2016-2019.
According to the State Statistics Committee, at the beginning of January this year, the number of economically active population of Azerbaijan amounted to 5 million 190 thousand people, 57 thousand more than last year. At the same time, the number of unemployed (251.5 thousand) for the year decreased by 2.3 thousand people. At the beginning of 2018, this figure was 251.7 thousand, and in 2017 - 252.8 thousand people.

In January-November, the average monthly salary in Azerbaijan amounted to 623 manat 10 qepiks ($ 366.5), which is 15.4% more than for the comparable period in 2018, the State Statistics Committee said.
In the oil and gas sector, where 35.1 thousand employees are employed, for the 11 months of last year they earned in nominal terms an average of 3,059.7 manat. In other sectors of the economy, the average salary for the indicated period was 568 manat, which is 8.9% lower than the average monthly salary in the country.