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69,500 Offficially Registered As Unemployed In Armenia...Unofficiall

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  • 69,500 Offficially Registered As Unemployed In Armenia...Unofficiall

    69,500 OFFFICIALLY REGISTERED AS UNEMPLOYED IN ARMENIA...UNOFFICIALLY?
    Mаry Mamyan

    HETQ
    15:02, December 27, 2011

    The unemployment rate in Armenia is officially reported at 6%. The
    International Labour Organization (ILO) pegs the rate at 19.4%

    Artak Simonyan, Deputy Head of the State Employment Service Agency,
    argues that the disparity is due to different methodologies used.

    The ILO considers those who have looked for work within the past week
    as unemployed.

    The State Employment Service Agency calculates only those people who
    are registered as unemployed at the agency, whereas, landowners are
    not considered unemployed by the State Employment Service Agency.

    Simonyan said that as of December 1, 2011, 82,800 citizens looked
    for work in Armenia and that 69,500 were registered as unemployed.

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