Unemployment rate raises 35 per cent in 2009 in CIS
30.05.2009 15:12 GMT+04:00

/PanARMENIAN.Net/ The labor market situation has continued to
deteriorate since the start of the financial crisis. In March
International Labor Organization (ILO) estimated, that global
unemployment would increase in between 24 and 52 million in 2009 as
compared to 2007. ILO’s current projection suggests that the range
will be between 39 and 59 million.
In CIS and South East European countries the unemployment level will
increase by 35 per cent. This means that 220 to 239 million people
would be jobless this year. In 2008 the number of unemployed reached
190 million. The level of unemployment among young generation can grow
by 14 to 15 per cent.
International Labor Organization calls on the states to implement more
coordinated measures and recommends to intensify road and building
construction projects thus creating new jobs. ILO suggests to discuss
the adoption of the `Global employment Pact’ at the international
labor conference to be held between June 3 and 19.
Referring the past experience, ILO states that restoration of the
labor market can take 4 to 5 years starting from economical
upturn. The labor market annually completed with 45 million people,
and it means that over the period between 2009 and 2015 300 million
new job places must be created for ensuring them with work.
The number of unemployed in Armenia grew by 6.5 per cent in April
against the same period of last year and reached 81 200
people. According to the official data of the RA National Statistical
Service, in April the unemployment rate in the country grew by 3.2 per
cent compared to March.