The Labor Market in Azerbaijan

Rahmanov, Ramiz and Qasimov, Asif and Tahirova, Gulzar (2016): The Labor Market in Azerbaijan.

Abstract

This paper analyzes the development of the labor market in Azerbaijan from the early 1990s until the early 2010s. The analysis shows that the labor market has a range of positive characteristics such as high labor force participation and employment, low youth and female unemployment, flexibility, and a low share of the “working poor”, all of which can beneficially influence future economic prospects. However, the Azerbaijani labor market also experiences certain undesirable developments, such as an increase in the share of labor with primary education, a shift towards elementary occupations, a high share of self-employment, and an excess of labor cost growth over productivity growth, all of which can threaten further economic development.

• Item Type: MPRA Paper
• Language: English
• Keywords: labor market, labor market flexibility, employment, unemployment, labor force, Azerbaijan
• Subjects: J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J21 - Labor Force and Employment, Size, and Structure; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital ; Skills ; Occupational Choice ; Labor Productivity; J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J63 - Turnover ; Vacancies ; Layoffs; J - Labor and Demographic Economics > J8 - Labor Standards: National and International > J82 - Labor Force Composition; P - Economic Systems > P2 - Socialist Systems and Transitional Economies; P - Economic Systems > P3 - Socialist Institutions and Their Transitions

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