Tuesday, April 11 2017 15:04
Nana Martirosyan

Ministry: 92 thousand Armenian citizens looking for job

Ministry: 92 thousand Armenian citizens looking for job

ArmInfo. According to Armenian Labor and Social Affairs Ministry, as of March 1 2017 96.2 thousand people are registered at regional state employment facilities.

According to the Ministry press-service, 62.3 thsd of registered are women, and 22.3thsd are young men. It is mentioned also that regional centers have allocated 1328 jobs, within the support of centers mentioned 1159 nationals were employed. Approximately 950 persons were involved in project under implementation or implemented already within the framework of 2016 Employment State Management Project.

To mention, this picture is far from being complete, because only minor part of unemployed is registered at appropriate facilities of State Employment Agency, and the vast majority of nationals tries to find jobs on their own. Following expert opinion, the real unemployment level in Armenia in 2016 forms 30%, while the official data states the figure of 18%.

According to Armenian Central Bank estimates the level of unemployment in 2017 will total 18.5% with annual decrease in 2018-2019 by 0.3-0.4%- from 18-18.2% and 17.6- 18% consequently.  Meanwhile, the previous November estimates of CB for 2017 totaled the level of the unemployment 18.3%, in 2016 worsening from 17.8% to 18%.  Renewed (February) estimates is being done by the Program of Monetary- Credit Policy CB on the first quarter of 2017, where is noted that in 2016 observing slight job request because of the low economic activeness, in the foreseeable future will get recurred related to fastening of economic grow temps, which, in its turn, will increase slowly the employment of the population. Anyways, as The MCP CB states, in 2016 they managed to compensate slight job request by means of increasing week average working hours.

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