Much of Armenia’s job market remains in the shadows as an unofficial labour exchange continues to flourish
Published:
20 November 2004 y., Saturday
Yerevan’s “black employment exchange” in the heart of the city pulses with life early in the morning. Middle-aged men carrying materials for the painting and building trades rub shoulders with younger men who are busily making deals.
These young men are the brokers who run most of the business in the market, getting here by six or seven in the morning. By eight, most of the qualified workers have been snapped up and it is only the unskilled labour that remains.
The market has existed since Soviet times, when the authorities tolerated its presence even though it was strictly illegal. That remains the situation now, with the Armenian government turning a blind eye to a market that continues to do business because unemployment is high.
Job-seekers say they came here because looking for work through the official labour exchanges can be very hard.
According to a recent report from the Armenian National Statistics Agency, nine per cent of working-age Armenians - 112,000 people – are unemployed.
Šaltinis:
iwpr.net
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Statistics Lithuania has calculated that, based on provisional data, FDI in Lithuania in 2009 amounted by 5.3 % more than in 2008. Also, direct investment of Lithuanian enterprises abroad grew by 13.9 % in 2009.
more »
Concerns about foreign fish being sold in Europe and what to do about the future of Europe's fisheries industry were aired in a hearing held by the Fisheries Committee on 8 April.
more »
EU opens public debate on its agricultural policy, the prelude to a major reform in 2013.
more »
The European Commission today launched a €35 million call for eco-innovation projects to be funded under the Competitiveness and Innovation Programme.
more »
Bank SNORAS group company Finasta Holding recruits all funds management and investment companies of the group in the Baltic States.
more »
The European Central Bank (ECB) and the European Commission are jointly holding a high-level conference on financial integration and stability at the ECB’s premises in Frankfurt am Main.
more »
Today, the European Central Bank (ECB) is publishing its fourth Report on Financial Integration in Europe, which notes the return towards integration in the European financial markets.
more »
World Bank Group financial commitments since July 2008, just before the full fury of the financial crisis hit, reached US$ 100 billion today as the institution helped countries respond to and recover from the global downturn.
more »
On March 31, 2010, the Executive Board of the International Monetary Fund concluded the Article IV consultation with Serbia.
more »
The International Monetary Fund and the United Kingdom’s Department for International Development have launched a new project to improve macroeconomic statistics in 23 African countries. DFID will provide US$7.5 million over the next five years to support the project.
more »