Thursday, November 23 2023 12:21
Naira Badalian

Armenia`s premier announces new record number of jobs  

Armenia`s premier announces new record number of jobs  

ArmInfo.Prime Minister of Armenia Nikol Pashinyan announced a new record for the number of  registered jobs.

"According to October of this year. In terms of the number of  registered jobs, we have a new record - we have exceeded the figure  of 730 thousand," he said on November 23 at a government meeting.

According to him, since May 2018, about 183 thousand new jobs have  been created in the Republic of Armenia. The dynamics of the Armenian  economy suggests that the trend will not only continue, but will also  intensify due to the involvement of compatriots from Artsakh in the  labor market, the prime minister believes.

According to Statistical Data, the unemployment rate in Armenia  decreased in the second quarter of 2023 from 13.7% to 11.7%, being  lower than last year's 13% for the same period in 2022. The  employment rate in the country increased in the second quarter of  2023 from 50.9% to 53.9% (versus 51.2% for the same period in 2022).  As of July 1, 2023, the number of employees exceeded 1,211,400 (with  an annual growth of 7.2%), and the unemployed as of the reporting  date numbered 160.7 thousand people (with an annual decline of  10.5%).  

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