Bank Of Baku

Sattar Mehbaliyev: “The number of unemployed people in Azerbaijan is more than 250 thousands”

Sattar Mehbaliyev: “The number of unemployed people in Azerbaijan is more than 250 thousands”
# 31 July 2012 08:37 (UTC +04:00)
According to him, Armenia’s aggression against Azerbaijan caused the increase of unemployment among young people in Azerbaijan: “300 thousands of Azerbaijani citizens lost jobs as a result of Armenia’s occupation policy”.
Mehbaliyev said that the number of Azerbaijani youth is rapidly increasing, 35% of population are young people between 16-35 years. 25.5 % of employed people and 27% of active population, who work in economic sphere, are youth. Confederation chairman also spoke about the unemployment in CIS states. He said that in several countries the unemployment rate among the youth is 2-3 times higher than aged people and in some countries the youth makes 40% of unemployed population.
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