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.