ISSUES OF ARMENIA’S LABOR MARKET TO BE DISCUSSED AT A CONFERENCE

ARMENPRESS
March 3, 2009
Yerevan

A conference will be called in April to find ways of solution of the
issues existing in Armenia’s labor market.

Labor and Social Affairs Ministers Arsen Hambardzumian told Armenpress
that during the conference the support of the Armenian and different
international organizations functioning in Armenia will be assessed.

Representatives of International Monetary Fund, Asian Development Bank,
World Bank and others will participate in the event.

Referring to the impact of the world economic crisis on Armenia’s
labor market, A. Hambardzumian noted that the existing situation is
concerning but not alarming yet. "The consequences of the economic
crisis will have their impact on the labor market and it is not
possible to prevent it. Some impact is already notable but the
situation is under control. We know the official statistics and it
makes us work more effectively," Hambardzumian said. He also added
that the ministry has put new issues in front of it and must do its
best to find effective solutions within the circles of its abilities
and budget.