Most of Armenians unemployed - report
58% of the able-bodied population in Armenia is
unemployed. As of April 1, the number of jobless citizens has
increased by 99,000 and 20.7% of them are youths, according to the
Kavkazskiy Uzel website.
Artak Simonian, deputy head of Armenia`s employment service, has said unemployment is a particularly pressing problem in the South Caucasus republic`s regions. The number of job-seekers in the country has risen 10% in comparison with 2008.
According to World Bank estimates, 172,000 more people will be left without jobs in the country of 3.5 million in 2009 and 2010. The number of poor people will total 906,000.
The WB`s report also says that the Armenian government`s efforts to reduce poverty have been inefficient.
Artak Simonian, deputy head of Armenia`s employment service, has said unemployment is a particularly pressing problem in the South Caucasus republic`s regions. The number of job-seekers in the country has risen 10% in comparison with 2008.
According to World Bank estimates, 172,000 more people will be left without jobs in the country of 3.5 million in 2009 and 2010. The number of poor people will total 906,000.
The WB`s report also says that the Armenian government`s efforts to reduce poverty have been inefficient.
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