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Unemployment Among Young Armenians Reaches 40%

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  • Unemployment Among Young Armenians Reaches 40%

    UNEMPLOYMENT AMONG YOUNG ARMENIANS REACHES 40%

    Vestnik Kavkaza, Russia
    July 11 2014

    11 July 2014 - 1:26pm

    Garik Ayrapetyan, a spokesman of the UN Population Fund in Armenia,
    said that the unemployment level of Armenians aged 15-24 was 40%,
    aged 18-30 was 18.7%, aged 20-24 was 23.4%. The average level in the
    country was 15.4%.

    34% of Armenians aged under 24 were unemployed. The average level in
    the country was 32.4%.

    83.5% of Armenians would leave the country for temporary residence
    abroad. 36.8% would leave for good.

    Armenia has about 500,000 people aged up to 24 (about 16.5% of the
    population).


    From: Baghdasarian
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