6.4% Unemployment In Armenia In Jan-Mar 2008

6.4% UNEMPLOYMENT IN ARMENIA IN JAN-MAR 2008

ARKA
May 4, 2008

YEREVAN, May 4. /ARKA/. 6.4% unemployment was recorded in Armenia in
January-March 2008 – a 0.8% decrease as compared to the corresponding
period of last year.

The RA National Statistical Service reports that Armenia’s economically
active population was nearly 1,149,800 in the first quarter of 2008,
with 1,076,600 of them employed.

33.3% of the population – 29.5% men and 37.4% women – were employed
in the economic sector. 79.9% worked for the private sector, 19.7% for
the government sector, with only 0.4% involved in the public sector.

By the end of March, 2008, the RA State Employment Service had
officially registered 89,100 job-seekers, with 77,000 of them claiming
unemployed.

74,700 of the job-seekers were granted unemployment status. 47,000
of the job-seekers were employed, with 9,300 of them being first-time
job-seekers.

Women constituted 74.4% of all the officially registered unemployed
in Armenia – 55,600.

Only 16,100 unemployed were granted unemployment benefits against
11,400 last March. The average monthly benefit was 13,338 AMD against
last year’s 10,458 AMD.

868 vacancies were officially registered at the end of March 2008
(89 unemployed for one vacancy).

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