Monday, July 28 2025 11:15
Naira Badalian

Number of jobs sets historical record in Armenia - premier 

Number of jobs sets historical record in Armenia - premier 

ArmInfo.  In June, a new historical record was set in Armenia for the number of registered jobs. This statement was made by the Prime Minister of Armenia Nikol Pashinyan.

According to him, during the reporting month, the number of  registered jobs amounted to 796,473, and the level of economic  activity in the country was 8.6%.

I love you, the working, product-creating and state-building people  of the Republic of Armenia, he wrote on his Facebook page.

Meanwhile, in Armenia, economic activity growth in the first half of  2025 slowed to 6.3% per annum (from 10.4% in the same period of  2024). Moreover, the industrial sector, which was one of the growth  drivers a year earlier, is weakening the pace of economic growth with  the current double-digit decline (-12.1%).  According to preliminary  data from the RA Statistical Committee, this is accompanied by a  deterioration in the foreign trade trend from several-fold growth to  a significant decline (exports fell by 52.8%, imports - by 38.6%).

According to statistics, such a pronounced slowdown in economic  activity growth in the first half of 2025 was largely due to the  deterioration in the annual dynamics of the industrial sector from  18.2% growth to 12.1% decline and a strong slowdown in the growth of  the trade sector from 22.9% to 3.9%. A weakening of the growth rate  is also noted in the energy complex - from 5% to a stagnant 0.8%. At  the same time, the service sector managed to accelerate in annual  growth from 4.4% to 9.8%, which was also noted in the construction  sector - from 15.7% to 18.5%. Acceleration of annual growth was also  noted in the agricultural sector - from 4% to 7.3%.