President Ilham Aliyev: Unemployment level fell to five percent in Azerbaijan
Baku, January 10 (AZERTAC). “The unemployment level fell to five percent in Azerbaijan,” said President Ilham Aliyev in a meeting of the Cabinet of Ministers to discuss results of the country`s socio-economic development in 2013 and outline tasks for 2014.
“A total of 110,000 jobs, of them 80,000 permanent ones, were created in 2013. The poverty level in the country stood at 5.3 percent last year. The Gross Domestic Product saw a six percent growth in 2013. The non-oil sector increased 9.8 percent, while the population`s incomes grew 8 percent, and inflation stood at 2.4 percent. Davos Forum placed Azerbaijan 39th in its latest competitiveness report,” the Head of State added.
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