"In two months of this year, the number of labor contracts in the country has risen by more than 53,000 as a result of the combat against non-formal employment," Minister of Labor and Social Protection of Population Sahil Babayev told journalists.
The minister said that private sector accounted for 40,000 labor contracts: "These figures show that the reforms produce result. The increase in the number of labor contracts indicates a growth of formal employment and decline of informal employment. "
Babayev noted that the situation with employment in Azerbaijan is generally satisfactory: "The main purpose is to increase the share of mercenaries, which will give a significant support to their pension and social protection."