December 1, 2010 - 21:15 AMT
7.1% unemployment rate reported in January-October 2010 in Armenia

The unemployment rate totaled 7.1% in Armenia in January-October 2010 against 6.9% reported during the same period in 2009.

The number of unemployed officially registered by the State Employment Service totaled 83,900, the RA National Statistical Service reported. The total number of economically active population totaled 1187,200 in January-October 2010, with 1103,300 people having jobs.

The official demand for workforce in Armenia comprised 1067 people or 77 unemployed per 1 vacancy as of end of October 2010.

24,100 out of the total number of unemployed were receiving benefits as of the end of October 2010 against 26,600 as of the end of July 2009. The average monthly benefit grossed AMD 16,595 against 17014 in October 2009.