Number of contracts in labor market exceeds 1.8 million

12:22 - 8.04.2024

April 8, Fineko/abc.az. The incentive-based tax policy implemented for almost 5 years has led to significant changes in the labor market.

ABC.AZ reports that the number of concluded employment contracts increased by 437,194 against the beginning of 2019 and reached 1,839,109 contracts as of April 1, 2024.

And in the private sector of the non-oil sector, this indicator grew by 386,253 up to 926,175 contracts.

During the 1st quarter of 2024, 28,231 new employment agreements were concluded in the private sector of the non-oil sector.