Wednesday, December 4 2024 14:15
Alina Hovhannisyan

Armenia`s minister of economy explains higher number of jobs 

Armenia`s minister of economy explains higher number of jobs 

ArmInfo. Armenian Minister of Economy Gevorg Papoyan does not link the growth of jobs in the labor market with coming out of the shadows. He stated this during an  interview with the Public Television of Armenia.

The minister complained that any growth of jobs in the last 5 years  in Armenia is conditioned only by coming out of the shadows. , - Papoyan noted.

He ruled out such an outcome, reporting that in October of this year.  11 thousand new workers were registered, which is 6.7% higher than  the figure for the previous year. At the same time, the salary fund  also increased by 11.6%, amounting to over 234 billion drams.

, - said Papoyan.

The head of the department tried to back up his words with an  indicator of the poverty level. Thus, according to him, in October of  this year the poverty level was 23.7%, which is 1.1 percentage points  lower than last year's figure, and the extreme poverty level,  according to him, decreased from 1.2% to 1.1%.  ,  - said Papoyan.