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Armenian Citizens Live 'From Hand To Mouth' - Gagik Makaryan

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  • Armenian Citizens Live 'From Hand To Mouth' - Gagik Makaryan

    ARMENIAN CITIZENS LIVE 'FROM HAND TO MOUTH' - GAGIK MAKARYAN

    13:10 â~@¢ 01.05.14

    Republican Union of Employers of Armenia (RUEA) Chairman Gagik
    Makaryan believes that Armenian citizens are living "from hand to
    mouth" as they cannot make plans given their current incomes.

    "Armenia's labor market is quite different from other labor markets.

    It lacks the spirit of Soviet times. We have about 400,000 employees in
    the government and private sectors. And small businesses turn out to
    constitute a considerable share while many think that big businesses
    actually do," Makaryan told reporters on Thursday.

    He is sure that equal competition must be ensured in this field,
    and small businesses need impetus for development.

    Another problem is a culture of work contracts. Employers often have
    no idea of the problems they may face in case they have unregistered
    employees. Makaryan cited the example of funded pensions: employees
    do not want to get officially registered to prevent deductions from
    their wages.

    "Employers are rather negative about funded pensions. Let us hope
    the practice will be suspended for a certain period. In any case,
    we believe it is too early to launch such reforms. I have repeatedly
    said that the new government's priority task must be dealing with
    the problems arousing public concern," he said.

    Unemployment rates are really higher in Armenia. In Belarus, the
    unemployment rate is 1%, and in Saint Petersburg it is even lower.

    According to him, International Workers' Day has not the symbol of
    the past. It is just a day off now.

    http://www.tert.am/en/news/2014/05/01/gagikmakaryan/




    From: A. Papazian
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