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Armenia Is One Of The World Leaders In The Size Of The Hidden Unempl

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  • Armenia Is One Of The World Leaders In The Size Of The Hidden Unempl

    ARMENIA IS ONE OF THE WORLD LEADERS IN THE SIZE OF THE HIDDEN UNEMPLOYMENT BY ABEL AGHANBEGYAN

    Armenia is one of the leading countries in the world by the size of
    hidden unemployment, according Aghanbegyan Abel, head of the department
    of economic theory and policy at the Russian Academy of National
    Economy and Public Administration.

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

    According to the National Statistical Service of Armenia, the number
    of officially registered unemployed in February 2013 was 61,300 or 8.6%
    less than in February 2012

    Friday, July 12, 2013, Stephane © armenews.com
    http://www.armenews.com/article.php3?id_article=89019

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