Armenia`s unemployment rate rose from 12% to 13.3%  

ArmInfo. In the third quarter of 2024, the unemployment rate in Armenia was 13.3%, compared to 12% in the same period of 2023, as shown by data from the RA Statistical Committee.  During the same period, the employment rate  in the country dropped to 52.2% in 2024 from 54.4% in 2023.   Specifically, the number of employed individuals was 1.211.4 million  people, a 0.7% decrease from the previous year, while the number of  unemployed rose by 11.1% to 185.6 thousand. As of December 1, 2024,  more than 58 thousand people were seeking employment, making a 10.9%  decrease compared to the previous year.  Moreover, there were more  women, 35.1 thousand, than men, 22.9 thousand, among the job seekers.   As of December 1, 2024, the demand for labor from employers decreased  by 33.5% year-on-year - to 2,894 people, with an average of  20  people applying for each vacant position (a 33.3% increase from the  previous year).  By the reporting date, 1,080 citizens (1.9% of the  total job seekers) in Armenia had managed to find employment, a 14.1%  decrease from the previous year. Out of those employed, 683 were  women (a 5.7% annual decline), and 397 people were men (a 25.5%  annual decline).