Monday, October 21 2019 15:12
Naira Badalian

About 30 thousand less unemployed in Armenia - Pashinyan

About 30 thousand less unemployed in Armenia - Pashinyan

ArmInfo.About 30 thousand less unemployed in Armenia. This was announced by the Prime Minister of Armenia Nikol Pashinyan on October 21 on his Facebook page. "I am pleased to report that starting from the second quarter of 2019, we  recorded a significant decline in the unemployment rate.

Unemployment in Armenia in the second quarter of 2019, compared with  the same period in 2018, decreased by 29 thousand 200 people and  amounted to 207 thousand 200 people.  Currently, official  unemployment in Armenia is 17.7%, which means a decrease of 2.5% per  annum, "the prime minister said.

Earlier, ArmInfo reported that according to the September forecast of  the Central Bank of Armenia, the unemployment rate in 2019 will be  21.7% (calculated according to the new methodology), with a  subsequent annual decrease in the medium term by 0.1-0.2 percentage  points to 20%.

It should be noted that at the end of 2018, the actual unemployment  rate (calculated according to the old method) completely coincided  with the Central Bank forecast - 16.3%, and at the end of 2017 the  actual level was lower than the forecasted by the Central Bank -  17.8% against the expected 17.9% .

According to the RA Statcommittee, the unemployment rate in Armenia,  calculated according to the new method, decreased in 2018 to 20.4% of  the average annual from 20.8% in 2017. And in the calculation  according to the old method, a decrease in the unemployment rate in  2018 was recorded to 16.3% of the average annual from 17.8% in 2017.  The new calculation method does not take into account those employed  in the household. In the first quarter of 2019, the unemployment rate  in Armenia, calculated according to the new method, was 21.9%  compared to 21% a year earlier. 

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