Nominal salaries of hired workers up by 10.9 pct

By Azernews

By Ayya Lmahamad

Azerbaijan increased the average monthly salary of hired workers by 10.9 percent in January 2022, bringing the figure to AZN 765.9 ($450.5), the State Statistics Committee has reported.

During the reported period, the average monthly nominal salary was higher in the mining industry, financial and insurance activity, professional, scientific and technical activity, information and communication, and in transport and storage facilities.

As of February 1, the number of people employed in the economy amounted to 1.6 billion people. Out of the total number of employed, around 901,000 work in the public sector and 778,100 in the private sector.

Some 19.8 percent are employed in education, 18.7 percent in trade and repair of transport means, 12.8 percent in industry, 8.1 percent in health care and social services for the population, 7.1 percent in construction, 6.7 percent in public administration and defence, social security, 4.3 percent in transport and warehousing, 3.5 percent in agriculture, forestry and fishing, 3.4 percent in professional, scientific and technical activities, 1.9 percent in financial and insurance activities and 13.7 percent in other economic sectors.