Unemployment rate to fall in Azerbaijan - S&P Global Ratings

International credit rating agency S&P Global Ratings has announced a drop in the unemployment rate in Azerbaijan from 5% to 4.5%.

MP: Average monthly salary for 2024 is projected at 990 manats

In the data provided by the Ministry of Economy in 2023, the forecast of the average monthly salary for 2024 in the amount of 980 manats was initially indicated. According to the updated macroeconomic indicators, this indicator is projected at the level of 990 manats.

Unused finances of Unemployment Insurance Fund are lowered

By the end of 2024, the unused finances of the Unemployment Insurance Fund will decrease.

Average monthly salary of a teacher who successfully passed certification is 1,300 manats

Deputy minister: As minimum wage increases, pension will also increase

15 districts with the highest growth in average monthly wages — List

15 districts have become known where the average monthly salary increased the most in Azerbaijan in the 1st quarter (January—March) of this year.

Scholarship of persons involved in vocational training halved

Persons involved in vocational training in Azerbaijan will be provided with a scholarship in the amount of 50% of the minimum wage.

Azerbaijan to take measures to employ the unemployed

Employment measures for the unemployed will be taken in Azerbaijan.

Jobs over quota to be created in Azerbaijan

The procedure for creating jobs in excess of the quota is under creation in Azerbaijan.

Employment Agency’s chairman of board relieved of his post

List of districts of Azerbaijan with the lowest salaries published

The average monthly salary in Azerbaijan for Jan-Mar 2024 totaled 985.3 manats.

Seed Fund does not pay salaries to employees

Wages have not been paid in the State Seed Fund subordinated to the Ministry of Agriculture for 3 months, ABC.AZ reports, referring to a source working in this organization.

New appointment to Sumgait Technological Park LLC

A new member of the Audit Committee of Sumgait Technological Park LLC has been elected.

Data unveiled on bank employees for April       

2,500 jobs closed in Azerbaijan for Q1 of 2024

In the first quarter of 2024, 2,500 jobs were closed in the country.

IMF: AI covers labor market ‘like a tsunami’

The AI revolution can have serious negative consequences for job seekers.

Average monthly nominal salary reaches 985 manats for Q1

As of April 1, 2024, the number of employees in the Azerbaijani economy amounted to 1,748,900 people, including 899,800 people working in the public sector of the economy, and 849,100 people in the non-governmental sector.

Minimum wage to be raised in Azerbaijan

Proposals to raise the minimum wage are being prepared in Azerbaijan.

In June, five consecutive days to be non-working

This year, five consecutive days in June will be non-working in Azerbaijan.

Vacancy in Shusha for job-seekers

The administration of the Shusha City State Reserve has announced a vacancy for an IT specialist.

Central Bank transfer to Confederation of Entrepreneurs

A new appointment to the post of advisor to the president of the National Confederation of Business Organizations of Azerbaijan has taken place.