Page 49 - Azerbaijan State University of Economics

Vilayat İsmayilov, Nahid Almasov, Sarraf Mirzayev:The Programme of Reduction and
Profilling of Long-Term Unemployment in Azerbaijan

Figure 1. Indicators of employment and unemployment in the CIS countries.
Source: developed by the authors based on statistical data
[httrs://www.google.com/seardi?q= Statistics+CIS+The level
of+unemployment+in+countries+CIS].

Thus, in 2018, compared to 2017, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova,
Russia, Tajikistan and Ukraine saw an increase in the number of employed people.
Compared to 2018, in 2019, only Moldova and Russia experienced a decline, while
other countries experienced an increase. The number of unemployed people in the CIS
countries in 2018 also decreased in Belarus, Kyrgyzstan, Moldova, Russia and Ukraine
compared to 2017. In 2018, compared to 2019, there was a decrease in all other CIS
countries except Moldova. The analysis shows that in these countries, the least decrease
occurred in Azerbaijan and Kazakhstan (0.7%), the most-in Belarus (12.9%).

A study by the International Institute for the Study of Labor to assess the impact of
the current global financial crisis on the level of long-term unemployment notes that
if adequate measures are not taken, about 43 million people potentially unemployed
and unemployed may leave the labor market, thereby accelerating the difficult social
situation and reducing the potential for economic growth in the future [Palley T. I.,
2012]. The experience of developing countries over the past years shows that a high
level of informal unemployment has a sufficient tendency to increase it. And in
developed countries, the long-term unemployment rate usually continues to rise,
even if the unemployment rate tends to decline. The article says that if long-term
unemployment increases during the financial crisis, as in the 1990 s, then in
subsequent years it may increase, and thus about 43 million people may enter the
number of unemployed for a long period of time [Word of Work Report, 2009].

Based on the statistics of the CIS countries, it can be noted that the unemployment
rate in recent years for the respective countries is in the range of 1-18%. Thus, in
2016, the highest unemployment rate was in Armenia (18%), the average
unemployment rate was in Kyrgyzstan (8%), Lithuania (8.5%), Latvia (9.9%), and
the lowest unemployment rate was in Belarus (0.5%). This figure was 5.3% in
Russia and 4.9% in Azerbaijan [Chang H-J., 2002; httrs://www.google.
com/seardi?q=Statistics+CIS+The level of+unemployment+in+ countries +CIS].

The unemployment rate in the world peaked in 2017, when the structure of the
economically active population included 192.7 million unemployed people, which
was 5.6%. Among the countries of the world, the highest unemployment rate was in
Nauru (90.0%), Vanuatu (78.21%), Turkmenistan and Zimbabwe (70.0%),
Mozambique (60.0%), and the lowest unemployment rate was in Monaco (0.0%),
Belarus and Qatar (0.5%), Thailand (0.56%).
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