Pashinyan: Armenia unemployment has decreased significantly

Pashinyan: Armenia unemployment has decreased significantly

PanARMENIAN.Net - Prime Minister Nikol Pashinyan said in a Facebook post that the unemployment rate has dropped significantly in Armenia.

207,200 people were jobless in Armenia in the second quarter of 2019, down from 236,400 in the same period of the previous year, the PM revealed.

Pashinyan said the unemployment rate now stands at 17.7% in the country, which means the overall unemployment has declined by 2.5% year-on-year.

Unemployment rate in Armenia averaged 12.41% from 1998 until 2019, reaching an all time high of 21.9% in the first quarter of 2019 and a record low of 6.3% in the first quarter of 2008.

 Top stories
As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed.
David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan.
Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners.
The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said.
Partner news
---