Armenian Job Sharks Do Brisk Business

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.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Health threat of petrol vapour set to evaporate

When you fill up your car with petrol you often find that your hand will reek of petrol unless you have worn gloves. more »

Falling EU economy set to stabilise as measures take effect

The EU is going through its worst recession since WWII. Inflation has slowed, but employment and public finances are hard hit. The situation should stabilise in 2010. more »

ATM outsourcing helps struggling FIs cut costs

In the current economic environment, banks should carefully analyze the current and future total cost of ownership of their technology assets, and evaluate the outsourcing alternative. more »

Reining in risky investing

Commission proposes first EU law on hedge funds and issues guidelines on bank pay practices. more »

Ways Are Sought to Defend Lithuania’s Business Interests Better

On 30 April, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas took part in the round table discussion “The European Union’s External Trade Policy and Lithuania’s Positions: Threats and Possibilities for the Lithuanian Industry”. more »

As the number of e-banking users rapidly increases, Bank SNORAS improves this service

Since 28 April this year, the clients of AB Bank SNORAS will be able to process their financial matters in a clearer and more user-friendly environment of “Internet Bank+” system. more »

Paying for the grey

2009 ageing report: Europe tackling the challenge of an ageing population but the recession threatens a setback. more »

3rd Energy Package gets final approval from MEPs

More choice, investment and security of supply lie at the heart of the 3rd energy package. more »

Swine flu fears boost drug giants

Swine flu, a new strain of influenza, has so far left more than a hundred dead. But in one sector, the illness could have huge benefits. more »

Europe's cross-border deal hunters

Central European bargain hunters are crossing borders for the best buys. Slovakian shoppers in Hungary are making the most of their new eurozone membership. more »