The number of labor contracts in Azerbaijan has been announced

The number of labor contracts in Azerbaijan has been announced
The number of labor contracts in Azerbaijan increased by 339,553 units or 24.2% compared to the beginning of 2019 and reached 1,741,468 as of December 1 this year.

Qazet.az reports was informed about this by the State Tax Service under the Ministry of Economy.

According to the information, this was possible as a result of measures implemented in the direction of formalizing workplaces, "whitening" the wage fund, and ensuring transparency.

Thus, the incentive-based tax policy implemented for more than 3 years has caused significant changes in the labor market. In the private section of the non-oil sector, this indicator increased by 287,572 units and made 827,494.