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Issues Of Armenia's Labor Market To Be Discussed At A Conference

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  • Issues Of Armenia's Labor Market To Be Discussed At A Conference

    ISSUES OF ARMENIA'S LABOR MARKET TO BE DISCUSSED AT A CONFERENCE

    ARMENPRESS
    March 3, 2009
    Yerevan

    A conference will be called in April to find ways of solution of the
    issues existing in Armenia's labor market.

    Labor and Social Affairs Ministers Arsen Hambardzumian told Armenpress
    that during the conference the support of the Armenian and different
    international organizations functioning in Armenia will be assessed.

    Representatives of International Monetary Fund, Asian Development Bank,
    World Bank and others will participate in the event.

    Referring to the impact of the world economic crisis on Armenia's
    labor market, A. Hambardzumian noted that the existing situation is
    concerning but not alarming yet. "The consequences of the economic
    crisis will have their impact on the labor market and it is not
    possible to prevent it. Some impact is already notable but the
    situation is under control. We know the official statistics and it
    makes us work more effectively," Hambardzumian said. He also added
    that the ministry has put new issues in front of it and must do its
    best to find effective solutions within the circles of its abilities
    and budget.
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