Armenia Labor Force Participation Rate

Labor Force Participation Rate in Armenia increased to 58.20 percent in the second quarter of 2019 from 56.10 percent in the first quarter of 2019. Labor Force Participation Rate in Armenia averaged 60.91 percent from 2011 until 2019, reaching an all time high of 65.90 percent in the third quarter of 2011 and a record low of 54.80 percent in the first quarter of 2017.

Labor Force Participation Rate in Armenia is expected to be 62.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Armenia to stand at 62.60 in 12 months time. In the long-term, the Armenia Labor Force Participation Rate is projected to trend around 61.70 percent in 2020, according to our econometric models.

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Armenia Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	17.70	21.90	21.90	6.30	percent	[+]
Unemployed Persons	62.00	63.10	128.00	55.60	Thousand	[+]
Labor Force Participation Rate	58.20	56.10	65.90	54.80	percent	[+]
Wages	180929.00	187280.00	250029.00	99553.00	AMD/Month	[+]
Minimum Wages	55000.00	55000.00	55000.00	5000.00	AMD/Month	[+]
Population	2.97	2.98	3.63	1.87	Million	[+]
Retirement Age Women	63.00	63.00	63.00	63.00		[+]
Retirement Age Men	63.00	63.00	63.00	63.00		[+]
Wages In Manufacturing	169778.00	164382.00	206380.00	102644.00	AMD/Monthly	[+]
Employed Persons	1189.00	958.00	1365.00	391.00	Thousand	[+]

The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Armenia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	58.20	56.10	65.90	54.80	2011 - 2019	percent	Quarterly

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Country	Last		Previous	Range
United Kingdom	79.00	Jul/19	79.2	79.3 : 74.1	%
France	72.00	Jun/19	72.2	72.3 : 69.5	%
Netherlands	71.30	Sep/19	71.2	71.3 : 67.4	%
Indonesia	69.20	Dec/18	69.02	69.21 : 57.14	%
Switzerland	68.40	Jun/19	68.3	68.8 : 66.8	%
Russia	67.90	Jun/19	67.6	70.3 : 64.2	%
Singapore	67.70	Dec/18	67.7	68.3 : 55.3	%
Australia	66.10	Sep/19	66.2	66.2 : 60.1	%
Italy	65.80	Jul/19	65.7	65.9 : 61.6	%
Canada	65.70	Sep/19	65.8	67.7 : 61.4	%
South Korea	63.50	Sep/19	63.3	64.2 : 48.5	%
United States	63.20	Sep/19	63.2	67.3 : 58.1	%
Japan	62.30	Aug/19	62.1	74 : 58.5	%
Brazil	62.10	Aug/19	62.1	62.1 : 60.8	%
Germany	61.60	Jun/19	61.5	61.8 : 56.9	%
Mexico	60.40	Aug/19	60.5	61.47 : 58.18	%
South Africa	59.80	Jun/19	58.8	60.8 : 53.6	%
Spain	58.74	Jun/19	58.35	60.55 : 48.88	%
Saudi Arabia	57.90	Jun/19	56.4	57.9 : 47.8	%
Euro Area	57.30	Jun/19	57.1	57.4 : 55	%
Turkey	53.10	Jul/19	52.9	53.5 : 43.9	%
India	49.80	Dec/18	50.4	63.7 : 49.8	%
Argentina	47.70	Jun/19	47	47.7 : 44.5	%