Unemployment Level Drops To 7.4 Percent

UNEMPLOYMENT LEVEL DROPS TO 7.4 PERCENT

Armenpress
Nov 20 2006

YEREVAN, NOVEMBER 20, ARMENPRESS: At the beginning of November
Armenia’s economically active population numbered 1.216.600
people. According to employment and social affairs ministry, 92.6
percent of them were engaged in different branches of economy.

The ministry said the unemployment level as of November 1 dropped
to 7.4 percent from 7.7 percent at the beginning of the year. The
highest unemployment level of 17.2 percent was registered in the
northeastern province of Lori, followed by the province of Shirak
with 16.1 percent, Syunik with 15.7 percent. The lowest rate of 1.9
percent was in Aragatsotn province.

According to the National Employment Center, an affiliation of the
ministry, as of November 1 there were 107,000 unemployed people. The
share of unemployed women continues to remain high; they make 71.6
percent. The majority of unemployed-93.4 percent- is urban population.

The unemployment benefit at the beginning of November was about
9,000 Drams.