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Unemployment Level Decreases By 0.4% From Beginning Of 2008 In Armen

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  • Unemployment Level Decreases By 0.4% From Beginning Of 2008 In Armen

    UNEMPLOYMENT LEVEL DECREASES BY 0.4% FROM BEGINNING OF 2008 IN ARMENIA

    Noyan Tapan
    http://www.nt.am?shownews=1010331
    Dec 8, 2008

    YEREVAN, DECEMBER 8, NOYAN TAPAN. As of November 30, unemployment
    level decreased in Armenia by 0.4% as compared with the beginning
    of 2008 and made 6.3%. As Sona Haroutiunian, the Head of the State
    Employment Service agency, reported at the December 8 press conference,
    91 thousand citizens looking for a job are registered at the agency
    at present. The highest unemployment level is recorded in the Syunik
    region, which is followed by the Shirak, Lori, Kotayk, and Tavush
    regions.

    According to S. Haroutiunian, though the number of officially
    registered unemployed is 6.3%, 27-28% real unemployment level is
    often spoken about.

    "These are also official data. It is people employed in the
    agricultural sphere, who made use of land privatization, but have not
    received a status by our current legislation: they are the concealed
    employed people and the housewives who did not wish to be registered,"
    he said.

    In response to the question of what impact the world financial crisis
    will have on Armenia, S. Haroutiunian said that the mining sphere
    Armenian companies plan to dismiss 1655 employees: the biggest part
    of dismissals falls to the Dino Gold Mining Company, which is going
    to dismiss 60% or 725 employees and to reduce the salaries by 40%.

    It was also mentioned that dismissals of employees are expected
    not only in the mining, but also in the information technologies
    sphere. However, as the agency head predicted it, the number of people
    becoming unemployed due to the international crisis will not exceed 1%
    in Armenia.

    From: Emil Lazarian | Ararat NewsPress
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