Unemployment rate in 2018 was 20.4 percent

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Economy

08.04.2019, 10:35

The unemployment rate in Armenia in 2018 dropped to 20.4% from 20.8% in 2017, according to the National Statistical Committee (NSC). According to data, calculated by new methodology, adopted by the NSC, in 2018 there were 234,000 jobless people in Armenia, down from 236,500 people in 2017.

Unemployment rate in 2018 was 20.4 percent

YEREVAN, April 8. /ARKA/. The unemployment rate in Armenia in 2018 dropped to 20.4% from 20.8% in 2017, according to the National Statistical Committee (NSC). According to data, calculated by new methodology, adopted by the NSC, in 2018 there were 234,000 jobless people in Armenia, down from 236,500 people in 2017.

At the same time, the number of employed people employed in 2018 increased by 1.4% to 915,500 people. Armenia’s labor resources in 2018 stood at 2,015,300 people against 2,021,300 people in 2017.

According to the NSC, when calculated by the old methodology, the unemployment rate was 16.3%, which was 1.5 percentage points less than 2017. --0---

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