Armenia unemployment rate drops

Armenpress 14:12, 14 August, 2019

YEREVAN, AUGUST 14, ARMENPRESS. The official average monthly unemployment rate has dropped 6,4% during January-June 2019 compared to the previous year’s same period, Prime Minister Nikol Pashinyan said on Facebook.

“The mandatory payments made to the military insurance fund in 2019’s same period have exceeded 2018’s January-June figures by 347,8 million drams, or 9,6%. The growth is a result of the growing number of hired employees,” Pashinyan said.

All employed citizens in Armenia pays 1000 drams from their monthly salaries to the military insurance fund.

Edited and translated by Stepan Kocharyan

 



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