Wednesday, November 6 2019 18:38
Alina Hovhannisyan

Statistics: Unemployment rate in Armenia decreased for Q2 of 2019  from 21.9% to 17.7%

Statistics: Unemployment rate in Armenia decreased for Q2 of 2019  from 21.9% to 17.7%

ArmInfo. The unemployment  rate in Armenia, calculated by the new methodology, decreased over  the Q2 of 2019 from 21.9% to 17.7%, against 20.2% a year earlier. 

According to the RA Statistical Committee, the new calculation method  does not take into account home- based workers.

According to the source, in the Q2 of 2019 the number of unemployed  in Armenia amounted to 207.2 thousand people, with a y-o-y decline of  12.4%.

In September, the number of applications from employers amounted to  3997 (a y-o-y growth of 1.3 fold), with a load of 1 vacant seat in 21  people. (a decline of 27.6% per annum). In the same period, 1061  citizens managed to find a job (a y-o-y decline of 0.8%) or 1.3% of  the total number of job seekers. Of those employed 310 people are men  (with an increase of 6.2% per annum), and 751 people - women (y-o-y  decline of 3.5%).

It should be noted that according to the forecast of the Central Bank  of Armenia updated in September, the unemployment rate in 2019 will  be 21.7% (calculated using the new methodology), with a subsequent  y-o- y decline in the medium term by 0.1-0.2 percentage points to 20% .

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