In Q1 2025, unemployment rate in Armenia decreased to 13.9%

ArmInfo. In Q1 2025, the unemployment rate in Armenia decreased to 13.9% from 15.5%  in the same period of 2024, as evidenced by the data of the RA Statistical Committee.

In parallel with this, the employment rate in the country also  increased  to 50.1% in the first quarter of 2025 from 48.7% in the  first quarter of 2024. According to the source,  the number of  employed people during the reporting period amounted to 1,159.1  million, which is 3.8% higher than the previous year. The number of  unemployed people was 187.4 thousand people, with a decrease of 8.3%  over the year. As of June 1, 2025, the demand for labor from  employers decreased by 3.7% over the year - to 3,154 people, and the  load per 1 vacant position was 17 people (annual decline of 19%). By  the end of the reporting period, a total of 4,617 citizens managed to  find employment in Armenia, marking a 16.8% decrease from the  previous year.  Of those employed, 2,634  were female (an annual  decline of 16.3%), and 1,983  were male (an annual decline of 17.4%). 

According to statistics, the average hourly labor price index in the  first quarter of 2025 was 102.2% (excluding seasonality) and 104%  (seasonally adjusted), compared to 103.5% and 104.1%, respectively,  in the same period of 2024. Additionally, the wage index in the  reporting period was 102.2% (excluding seasonality) and 103.3%  (seasonally adjusted), compared to 103.5% and 103.9%, respectively,  in the same period of 2024. These indicators, accounting seasonality,  showed a more significant decrease on a quarterly basis (from 105.8%  and 105.6% in the fourth quarter of 2024).