Employment and Unemployment as A Subject of State Regulation of The Labor Market in Azerbaijan

Annotation: The level of employment and unemployment are important macroeconomic indicators in order to characterize the effect of the economic policy implemented in the Republic of Azerbaijan and the degree of economic development of the country. The high level of unemployment in the economy causes various complications, which negatively affects the state of socio-economic progress. It is appropriate to consider a number of directions in the field of state regulation of employment and unemployment. These are the regulation of the demand and development for workplaces, the implementation of a successful state policy in the field of education, vocational training and personnel retraining. In the study of the scientific basis of employment issues, it is selected due to the importance of maintaining the continuity of workplaces and regulating its market relations based on the relevance of objective development laws. In this field, it is also worth noting the need for specialization. Measures in the field of policy regulation in the direction of employment and unemployment mostly act as efficiency indicators of the state's social policy as well. Implementation of various projects, representation of people from relevant classes in those projects and other necessary issues carry the strategic essence of employment-oriented social policy.

The paper clarifies various issues regarding employment and unemployment in the Republic of Azerbaijan and deals with the state regulation in this direction. In the study, the approach to both problems on the current national economic priorities is more concrete and systematic. The creation of industrial parks and districts in different regions of the country will have a positive effect on the reduction of unemployment and, in parallel, on the preservation of the increasing dynamics of employment indicators. If we take into account the prospects of the territories freed from occupation in recent years, we can say that substantial results will be achieved based on the reforms and strategies carried out in the future. As it is known, state programs for the development of regions are adopted continuously and gradually in Azerbaijan. The implementation of these programs in stages will allow the establishment of production enterprises and the creation of new jobs. This, in turn, will lead to a decrease in the level of unemployment and further increase in employment opportunities.

Republic of Azerbaijan, employment, labor market, unemployment, employment strategy

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