ARMENIA'S HIGH ECONOMIC GROWTH STILL DOES NOT CONTRIBUTE TO<br /> CREATION OF A GREAT NUMBER OF JOBS IN ARMENIA, UMB(E)A EXPERT<br /> SAYS<br />


ARMENIA'S HIGH ECONOMIC GROWTH STILL DOES NOT CONTRIBUTE TO
CREATION OF A GREAT NUMBER OF JOBS IN ARMENIA, UMB(E)A EXPERT
SAYS

  • 12-12-2007 18:40:00   | Armenia  |  Social
YEREVAN, DECEMBER 12, NOYAN TAPAN. The high economic growth registered from year to year in Armenia still does not ensure a great number of jobs, as, in particular, the mechanisms of conducting the policy of youth's employment are weak. Economist Anastas Aghazarian said this at the December 12 conference, presenting the study conducted jointly by the Union of Manufacturers and Businessmen (Employers) of Armenia and the Center for Independent Analyses, Productivity, and Competitive Capacity Fund. According to the study results, the youth is not psychologically ready for quickly integrating into labor market in conditions of market economy. And as A. Aghazarian mentioned, the bureaucratic system, the limited financial resources and credits hamper young specialists to promote entrepreneurial activity. In his words, in spite of large-scale reforms implemented, country's business atmosphere still needs to be improved. The UMB(E)A has much to do in the respect of involving the youth in business.
  -   Social