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Armenian economy growth helped maintain employment rate

Armenian economy growth helped maintain employment rate

PanARMENIAN.Net - Stabilization and growth of the Armenian economy helped maintain the employment rate, according to the head of state employment service at the Ministry of Labor and Social Affairs.

“The number of those who found job totaled 2774 as of May 1, 2009. This year, the number is 3550, increasing by 28%,” Sona Harutyunyan told a news conference on May 10. “At that he noted that the number of unemployed made 85 000 as of May 1, 2010 against the 74 000 registered last year.

The official unemployment index in Armenia is 7.3%. although researches conducted according to International Labor Organization standards showed that the real unemployment index is 27.5%.

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