ADB announces its forecast regarding employment in Azerbaijan until 2030

The employment of skilled workers in Azerbaijan will decrease by 0.023% next year and by 0.221% in 2024, Report informs, citing the Asian Development Bank (ADB).

According to the ADB document, the rate of decline will be 0.250% in 2025, 0.303% in 2026, 0.390% in 2027, 0.431% in 2028, 0.461% in 2029 and 0.682% in 2020.

In this category, only Russia, among the region countries, will experience growth of 0.041% in 2023, but in the next 7 years it will face decline.

In 2023, the employment of unskilled workers in Azerbaijan will decrease by 0.016%, and in the next 7 years by 0.209%, 0.232%, 0.273%, 0.347%, 0.384%, 0.410% and 0.615%, respectively.