In the first quarter of this year, Armenia registered the highest unemployment rate among the countries of the Eurasian Economic Union (EAEU), reports the Eurasian Economic Commission (EEC).
"According to the methodology of the International Labour Organization, the unemployment rate in the EAEU in Q1 2024 was estimated by the Eurasian Economic Commission at 3.2% of the workforce, including 15.5% in Armenia, 3.3% in Belarus, 4.7% in Kazakhstan, 4.9% in Kyrgyzstan (2022 data), and 2.8% in Russia," the report says.
Overall, the number of unemployed people registered with employment services in the EAEU countries at the end of May 2024 was 813.8 thousand, a decrease of 13.8% compared to the same date in 2023.
