More than one-fifth of Armenian population will be unemployed this year - FORECAST

More than one-fifth of Armenian population will be unemployed this year - FORECAST
  • Clock-gray 12:46
  • calendar-gray 14 October 2020

The unemployment rate in Armenia by increasing is forecasted to be make up 22,3% this year reads the October issue of the International Monetary Fund's (IMF) World Economic Outlook, APA-Economics reports.

The report forecasts that in 2021 the number of unemployed in Armenia will decrease a little bit and will decrease to 21,1%.

Remind that forecasts of IMF on employment in Armenia published in April, was equal to 19% for 2020, and 18,4% for 2021.

Note that unemployment in Armenia was 18,9% last year.

Mirsaid İbrahimzade

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