Armenia Unemployed Persons  Forecast


Armenia Unemployed Persons
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Unemployed Persons in Armenia is expected to be 69.80 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Armenia to stand at 70.40 in 12 months time. In the long-term, the Armenia Unemployed Persons is projected to trend around 73.41 Thousand in 2020, according to our econometric models.


Armenia Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 16.5 17 16.8 16.2 16.3 15.6
Unemployed Persons 71.5 69.77 70.04 70.4 70.79 73.41
Labor Force Participation Rate 63.4 60.47 63.16 61.92 59.82 62.53
Wages 187914 187642 187021 186388 185763 181760
Minimum Wages 55000 55000 55000 60000 60000 65000
Population 3 3.01 3.01 3.02 3.02 3.05
Retirement Age Women 63 63 63 63 63 63
Retirement Age Men 63 63 63 63 63 63
Wages In Manufacturing 179854 179399 178858 178328 177807 174411
Employed Persons 1190 869 857 852 848 845