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In July-Dec 2009 Unemployment Rate In Armenia Will Grow By 1.6%

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  • In July-Dec 2009 Unemployment Rate In Armenia Will Grow By 1.6%

    IN JULY-DEC 2009 UNEMPLOYMENT RATE IN ARMENIA WILL GROW BY 1.6%

    ArmInfo
    2009-07-30 17:28:00

    ArmInfo. In July-Dec 2009 the unemployment rate in Armenia will grow by
    1.6%, says the monetary credit policy of the Central bank of Armenia
    for Q3 2009.

    The average salary will drop by 1.5% due to declining wages in the
    private sector. The efficiency of labor will decline by 12%. This
    may result in certain inflation pressure. The spending per worker
    will grow. In Jan-June 2010 the situation on the labor market will
    be improved by the government's anti-crisis projects.
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