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Armenia Is A World Leader By Size Of Hidden Unemployment: Abel Aghan

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  • Armenia Is A World Leader By Size Of Hidden Unemployment: Abel Aghan

    ARMENIA IS A WORLD LEADER BY SIZE OF HIDDEN UNEMPLOYMENT: ABEL AGHANBEGYAN SAYS

    YEREVAN, April 18. /ARKA/. Armenia is a world leader by size of hidden
    unemployment, according to Abel Aghanbegyan, head of the department
    of economic theory and policy at the Russian Academy of National
    Economy and Public Administration, who was a key speaker today at
    Yegor Gaidar Readings at Russian-Armenian (Slavonic) University.

    Yegor Gaidar was Russia~Rs acting prime minister from 15 June
    1992 to 14 December 1992. He is best known as the architect of the
    controversial shock therapy reforms administered in Russia after the
    disintegration of the Soviet Union.

    "The unemployment rate in Armenia is extremely huge. Officially there
    are 265,000 jobless people, but in fact of 2.3 million working age
    citizens only 1.1 million are employed , the rest are not considered
    unemployed. Such figures can not be found in any other country,"
    he said.

    According to the National Statistical Service of Armenia, the number
    of officially registered unemployed in February 2013 stood at 61,300,
    which was 8.6% lower than in February 2012. In February 2013 their
    number fell by 1.1% from the previous month.-0-

    http://arka.am/en/news/society/armenia_is_a_world_leader_by_size_of_hidden_unempl oyment_abel_aghanbegyan_says/

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