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Forum on human recourses held in Baku

11 November 2016 18:06 (UTC+04:00)
Forum on human recourses held in Baku

By Rashid Shirinov

Azerbaijan`s capital hosted a Human Resources-Baku 2016 Forum, which was organized by Pasha life Insurance Company on November 11, Azertac reported. The Forum brought together heads of local and international organizations and HR companies.

Chairman of the company`s Board of Directors Mursal Rustamov ,addressing the event, stressed the importance of the forum.

He noted that the event addresses automatization of human resources management, adding that the forum aims to improve the quality of the application of best international experience in human resources management in local companies.

Rustamov said nearly 1,500 delegates applied to attend the forum, describing this as increasing interest in the event.

A total of 190,000 people applied to the country’s employment services during the first ten months of 2016, and 53,000 of them were provided with jobs, Idris Isayev, Azerbaijan’s Deputy Minister of Labor and Social Protection said addressing the event.

Isayev noted that despite the fact that Azerbaijan did much to reduce unemployment in recent years (in 2015 this indicator dropped to five percent), changes in the global economy and the global financial and economic crisis, particularly the fall in oil prices, have led to the growth of this indicator.

“The Government tries to fight unemployment by creating new jobs, expanding the measures of self-employment, etc.,” the deputy minister said.

He noted that since early 2016, the Ministry works together with the state companies to reduce unemployment. Thanks to this, more than 18,000 people were employed and nearly 17,000 people passed various trainings on employment.

“For the first 10 months of this year there were concluded 339,200 labor contracts, while 312,600 were terminated,” the deputy minister said.

Moreover, the proportion of people working in the public sector of Azerbaijan has decreased from 56 to 25.2 percent since 1995. In this context, the number of people working in the private sector, including individual entrepreneurs, has increased.

“This is an indicator of a stable economy,” Isayev said.

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Rashid Shirinov is AzerNews’ staff journalist, follow him on Twitter: @RashidShirinov

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