ArmInfo. The number of formally employed in Armenia at the end of September 2024 reached 776.8 thousand people, which is 5.6% higher than the previous year. The leading sectors of employment are wholesale and retail trade, education and manufacturing. This is stated in the Ministry of Economy's review titled .
As of the reporting date, there are 130.500 people employed in wholesale and retail trade, 125.600 people in the educational sector, and 91.400 people in the manufacturing industry. Additionally, a significant number of workers, 52, 800 are employed in the healthcare and social services sector, followed by 45,000 workers in information and communication, and 42,200 workers in construction. , the review says The average monthly salary in September 2024 was AMD 279,279, showing a 6.8% increase compared to the same period last year. Specifically, in the public sector, the average salary in September 2024 was AMD 218,809 (a 7.2% increase over the year), while in the private sector it was AMD 303,015 (a 6.5% annual increase).
Top 3 highest-paying sectors in September 2024were: information and communication (835,840 drams), financial and insurance activities (809,417 drams), mining and quarrying (478,763 drams). According to the source, there was an increase in average wages in all sectors of employment in September 2024 compared to September 2023, except for information and communication, construction, and supply of electricity, gas, steam and air conditioning. The sectors with the highest growth were financial and insurance activities (by 40.4%), agriculture, forestry and fisheries (by 13.5%), and manufacturing (by 13.1%).
It should be noted that according to the RA Statistical Committee, in the first quarter of 2024, the unemployment rate in Armenia was 15.5%, while a year earlier for the same period, the unemployment rate was slightly lower at 13.7%. In parallel with this, the level of employment in the country has also decreased accordingly, from 50.9% in the first quarter of 2023 to 48.7% for the reporting period.
