The number of labor contracts concluded in Azerbaijan increased by 297.3 thousand units compared to the beginning of 2019 and reached 1,699.3 thousand as of June 1 this year.

The State Tax Service told APA-Economics that in the private sector of the non-oil sector, this figure increased by 250.1 thousand units to 790.0 thousand.

It was noted that the incentive-based tax policy implemented in the country for more than 3 years has led to significant changes in the labor market.

Measures have been taken to formalize jobs, "whiten" the salary fund and ensure transparency.