UNEMPLOYMENT RATE 6.7% IN ARMENIA IN MAY 2009 AGAINST 6.3% IN MAY 2008

ARKA
June 30, 2009

YEREVAN, June 30. /ARKA/. According to the RA National Statistical
Service (NSS), the unemployment rate was 6.7% in Armenia this May
against 6.3% in May 2008.

NSS reports number of individuals seeking job and officially registered
in State Labor Agency of Armenia was 101,200 this March, with 85,900
of them being unemployed. 83,900 received status of unemployed.

The share of unemployed women is 71.4% (59,900).

Total number of economically active population was 1,172,600 this
March, with 1,094,500 of them being employed.

In May 2009, 22,300 received unemployment benefits against 17,200
in May 2008, with average benefit amounting 16,456AMD (13,857AMD in
May 2008).