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Armenia's unemployment rate lowest in 14 years

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BM.GE
19.04.23 12:26
476
Armenia's unemployment rate was only 11.6% in the third quarter of 2022, the lowest in 14 years, according to a government report on the progress and results of its plan of actions designed for 2022.

"In the second quarter of 2022, the unemployment rate was 13%," the report said.

In the second quarter of 2021, the unemployment rate was 15.2%.

The annual average unemployment rate in 2021 was 15.5%, down from 19% in 2018, ARKA reports.