Armenia : Promoting Productive Employment

This paper examines labor market outcomes in Armenia and their impact on poverty. The outcomes are of considerable concern: relatively few persons of working age are employed, and many of those who are employed have low-productivity jobs. The probl...

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Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING ADB AGRICULTURAL PRODUCTIVITY ANNUAL LEAVE AVERAGE WAGE CAPACITY BUILDING CHOICE OF OCCUPATION DEVELOPMENT ECONOMICS DISCRIMINATION DISCRIMINATION AGAINST WOMEN EARNING EARNINGS INEQUALITY EARNINGS REGRESSIONS ECONOMIC CONDITIONS ECONOMIC GROWTH EDUCATED WORKFORCE EDUCATION SECTOR EDUCATIONAL ATTAINMENT EDUCATIONAL LEVELS EDUCATIONAL SYSTEM EMPLOYABILITY EMPLOYEE EMPLOYEE BENEFITS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT OFFICE EMPLOYMENT OFFICES EMPLOYMENT OPPORTUNITIES EMPLOYMENT OUTCOMES EMPLOYMENT OUTLOOK EMPLOYMENT PROMOTION EMPLOYMENT RATE EXPECTED WAGE FAMILY MEMBERS FEMALE EMPLOYMENT FINANCIAL SERVICES FIRING COSTS FIRM ENTRY FIRM GROWTH FORMAL LABOR MARKET FORMAL SECTOR WAGE FORMAL SECTOR WORKERS GLOBAL COMPETITIVENESS GROSS DOMESTIC PRODUCT HEALTH CARE HIGH UNEMPLOYMENT HIGH WAGE HIGH WAGES HIGHER PRODUCTIVITY HOUSEHOLD EARNING HOUSEHOLD WORK HUMAN CAPITAL HUMAN DEVELOPMENT INCIDENCE OF POVERTY INCOME INDIVIDUAL WELFARE INDUSTRIAL RESTRUCTURING INFORMAL EMPLOYMENT INFORMAL SECTOR INFORMAL SECTOR WORKERS INTERNATIONAL LABOR ORGANIZATION INVESTMENT IN EDUCATION JOB COUNSELING JOB CREATION JOB INSECURITY JOB LOSS JOB OPPORTUNITIES JOB PLACEMENT JOB PLACEMENT SERVICES JOB SEARCH JOB SEARCH ASSISTANCE JOB VACANCIES JOBS LABOR COST LABOR DEMAND LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET DYNAMICS LABOR MARKET ISSUES LABOR MARKET NEEDS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MOBILITY LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR PRODUCTIVITY GROWTH LABOR REGULATIONS LABOR RESOURCES LABOR SUPPLY LABOUR LABOUR MARKET LAYOFF LIVING CONDITIONS LONG-TERM UNEMPLOYMENT LOW EMPLOYMENT MARKET ECONOMY MARKET ENTRY MARKET VALUE MODERNIZATION NUMBER OF HOUSEHOLDS NUMBER OF PEOPLE NUMBER OF PERSONS OCCUPATION OLDER WORKERS OPEN UNEMPLOYMENT PAID WORKER PAID WORKERS PAYING JOBS PERMANENT JOBS POLICY IMPLICATIONS PREVIOUS WORK PREVIOUS WORK EXPERIENCE PRIMARY EDUCATION PRIME AGE PRIVATE EMPLOYMENT PRIVATE SECTOR PRIVATE SECTOR WORKERS PRODUCT MARKET PRODUCTIVE EMPLOYMENT PRODUCTIVE INDUSTRIES PRODUCTIVITY GAINS PRODUCTIVITY GROWTH PRODUCTIVITY IMPROVEMENTS PROGRESS PUBLIC EMPLOYMENT PUBLIC EMPLOYMENT SERVICES PUBLIC SECTOR WORKER PUBLIC SECTOR WORKERS PUBLIC SERVICES QUALITY ASSURANCE QUALITY EDUCATION QUALITY OF EDUCATION QUALITY SERVICES REAL WAGE REAL WAGES REGULAR EMPLOYMENT RESPECT RURAL AREAS RURAL POVERTY RURAL WORKERS RURAL YOUTH SECONDARY EDUCATION SERVICE SECTORS SEX SHORT-TERM UNEMPLOYMENT SICK LEAVE SKILL LEVEL SKILL REQUIREMENTS SKILL SHORTAGES SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SOCIAL SECURITY SOCIAL SERVICES SOCIAL WELFARE SPOUSES TAX ADMINISTRATION TECHNICAL EDUCATION TECHNICAL SKILLS TEMPORARY JOBS TERTIARY EDUCATION TOTAL EMPLOYMENT TOTAL UNEMPLOYMENT TRADE UNIONS TRANSITION ECONOMIES TRANSPORT UNEMPLOYED UNEMPLOYED PERSON UNEMPLOYMENT UNEMPLOYMENT DURATION UNEMPLOYMENT PROBLEM UNEMPLOYMENT RATE UNEMPLOYMENT SPELLS UNIVERSITY DEGREE UNIVERSITY EDUCATION UNIVERSITY GRADUATES URBAN AREAS URBAN EMPLOYMENT URBAN WORKERS VOCATIONAL TRAINING WAGE DETERMINATION WAGE DIFFERENTIAL WAGE DISPERSION WAGE DISTRIBUTION WAGE EMPLOYMENT WAGE GAP WAGE GROWTH WAGE INEQUALITY WAGE PREMIUM WAGE STRUCTURE WORKER WORKERS WORKFORCE SKILLS WORKING POOR YOUNG PEOPLE YOUNG WOMEN YOUNG WORKERS YOUTH EMPLOYMENT YOUTH UNEMPLOYMENT YOUTH UNEMPLOYMENT RATE
Online Access:	http://documents.worldbank.org/curated/en/2012/09/17368635/armenia-promoting-productive-employment http://hdl.handle.net/10986/13247

id	okr-10986-13247
recordtype	oai_dc
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING ADB AGRICULTURAL PRODUCTIVITY ANNUAL LEAVE AVERAGE WAGE CAPACITY BUILDING CHOICE OF OCCUPATION DEVELOPMENT ECONOMICS DISCRIMINATION DISCRIMINATION AGAINST WOMEN EARNING EARNINGS INEQUALITY EARNINGS REGRESSIONS ECONOMIC CONDITIONS ECONOMIC GROWTH EDUCATED WORKFORCE EDUCATION SECTOR EDUCATIONAL ATTAINMENT EDUCATIONAL LEVELS EDUCATIONAL SYSTEM EMPLOYABILITY EMPLOYEE EMPLOYEE BENEFITS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT OFFICE EMPLOYMENT OFFICES EMPLOYMENT OPPORTUNITIES EMPLOYMENT OUTCOMES EMPLOYMENT OUTLOOK EMPLOYMENT PROMOTION EMPLOYMENT RATE EXPECTED WAGE FAMILY MEMBERS FEMALE EMPLOYMENT FINANCIAL SERVICES FIRING COSTS FIRM ENTRY FIRM GROWTH FORMAL LABOR MARKET FORMAL SECTOR WAGE FORMAL SECTOR WORKERS GLOBAL COMPETITIVENESS GROSS DOMESTIC PRODUCT HEALTH CARE HIGH UNEMPLOYMENT HIGH WAGE HIGH WAGES HIGHER PRODUCTIVITY HOUSEHOLD EARNING HOUSEHOLD WORK HUMAN CAPITAL HUMAN DEVELOPMENT INCIDENCE OF POVERTY INCOME INDIVIDUAL WELFARE INDUSTRIAL RESTRUCTURING INFORMAL EMPLOYMENT INFORMAL SECTOR INFORMAL SECTOR WORKERS INTERNATIONAL LABOR ORGANIZATION INVESTMENT IN EDUCATION JOB COUNSELING JOB CREATION JOB INSECURITY JOB LOSS JOB OPPORTUNITIES JOB PLACEMENT JOB PLACEMENT SERVICES JOB SEARCH JOB SEARCH ASSISTANCE JOB VACANCIES JOBS LABOR COST LABOR DEMAND LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET DYNAMICS LABOR MARKET ISSUES LABOR MARKET NEEDS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MOBILITY LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR PRODUCTIVITY GROWTH LABOR REGULATIONS LABOR RESOURCES LABOR SUPPLY LABOUR LABOUR MARKET LAYOFF LIVING CONDITIONS LONG-TERM UNEMPLOYMENT LOW EMPLOYMENT MARKET ECONOMY MARKET ENTRY MARKET VALUE MODERNIZATION NUMBER OF HOUSEHOLDS NUMBER OF PEOPLE NUMBER OF PERSONS OCCUPATION OLDER WORKERS OPEN UNEMPLOYMENT PAID WORKER PAID WORKERS PAYING JOBS PERMANENT JOBS POLICY IMPLICATIONS PREVIOUS WORK PREVIOUS WORK EXPERIENCE PRIMARY EDUCATION PRIME AGE PRIVATE EMPLOYMENT PRIVATE SECTOR PRIVATE SECTOR WORKERS PRODUCT MARKET PRODUCTIVE EMPLOYMENT PRODUCTIVE INDUSTRIES PRODUCTIVITY GAINS PRODUCTIVITY GROWTH PRODUCTIVITY IMPROVEMENTS PROGRESS PUBLIC EMPLOYMENT PUBLIC EMPLOYMENT SERVICES PUBLIC SECTOR WORKER PUBLIC SECTOR WORKERS PUBLIC SERVICES QUALITY ASSURANCE QUALITY EDUCATION QUALITY OF EDUCATION QUALITY SERVICES REAL WAGE REAL WAGES REGULAR EMPLOYMENT RESPECT RURAL AREAS RURAL POVERTY RURAL WORKERS RURAL YOUTH SECONDARY EDUCATION SERVICE SECTORS SEX SHORT-TERM UNEMPLOYMENT SICK LEAVE SKILL LEVEL SKILL REQUIREMENTS SKILL SHORTAGES SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SOCIAL SECURITY SOCIAL SERVICES SOCIAL WELFARE SPOUSES TAX ADMINISTRATION TECHNICAL EDUCATION TECHNICAL SKILLS TEMPORARY JOBS TERTIARY EDUCATION TOTAL EMPLOYMENT TOTAL UNEMPLOYMENT TRADE UNIONS TRANSITION ECONOMIES TRANSPORT UNEMPLOYED UNEMPLOYED PERSON UNEMPLOYMENT UNEMPLOYMENT DURATION UNEMPLOYMENT PROBLEM UNEMPLOYMENT RATE UNEMPLOYMENT SPELLS UNIVERSITY DEGREE UNIVERSITY EDUCATION UNIVERSITY GRADUATES URBAN AREAS URBAN EMPLOYMENT URBAN WORKERS VOCATIONAL TRAINING WAGE DETERMINATION WAGE DIFFERENTIAL WAGE DISPERSION WAGE DISTRIBUTION WAGE EMPLOYMENT WAGE GAP WAGE GROWTH WAGE INEQUALITY WAGE PREMIUM WAGE STRUCTURE WORKER WORKERS WORKFORCE SKILLS WORKING POOR YOUNG PEOPLE YOUNG WOMEN YOUNG WORKERS YOUTH EMPLOYMENT YOUTH UNEMPLOYMENT YOUTH UNEMPLOYMENT RATE
spellingShingle	ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING ADB AGRICULTURAL PRODUCTIVITY ANNUAL LEAVE AVERAGE WAGE CAPACITY BUILDING CHOICE OF OCCUPATION DEVELOPMENT ECONOMICS DISCRIMINATION DISCRIMINATION AGAINST WOMEN EARNING EARNINGS INEQUALITY EARNINGS REGRESSIONS ECONOMIC CONDITIONS ECONOMIC GROWTH EDUCATED WORKFORCE EDUCATION SECTOR EDUCATIONAL ATTAINMENT EDUCATIONAL LEVELS EDUCATIONAL SYSTEM EMPLOYABILITY EMPLOYEE EMPLOYEE BENEFITS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT OFFICE EMPLOYMENT OFFICES EMPLOYMENT OPPORTUNITIES EMPLOYMENT OUTCOMES EMPLOYMENT OUTLOOK EMPLOYMENT PROMOTION EMPLOYMENT RATE EXPECTED WAGE FAMILY MEMBERS FEMALE EMPLOYMENT FINANCIAL SERVICES FIRING COSTS FIRM ENTRY FIRM GROWTH FORMAL LABOR MARKET FORMAL SECTOR WAGE FORMAL SECTOR WORKERS GLOBAL COMPETITIVENESS GROSS DOMESTIC PRODUCT HEALTH CARE HIGH UNEMPLOYMENT HIGH WAGE HIGH WAGES HIGHER PRODUCTIVITY HOUSEHOLD EARNING HOUSEHOLD WORK HUMAN CAPITAL HUMAN DEVELOPMENT INCIDENCE OF POVERTY INCOME INDIVIDUAL WELFARE INDUSTRIAL RESTRUCTURING INFORMAL EMPLOYMENT INFORMAL SECTOR INFORMAL SECTOR WORKERS INTERNATIONAL LABOR ORGANIZATION INVESTMENT IN EDUCATION JOB COUNSELING JOB CREATION JOB INSECURITY JOB LOSS JOB OPPORTUNITIES JOB PLACEMENT JOB PLACEMENT SERVICES JOB SEARCH JOB SEARCH ASSISTANCE JOB VACANCIES JOBS LABOR COST LABOR DEMAND LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET DYNAMICS LABOR MARKET ISSUES LABOR MARKET NEEDS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MOBILITY LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR PRODUCTIVITY GROWTH LABOR REGULATIONS LABOR RESOURCES LABOR SUPPLY LABOUR LABOUR MARKET LAYOFF LIVING CONDITIONS LONG-TERM UNEMPLOYMENT LOW EMPLOYMENT MARKET ECONOMY MARKET ENTRY MARKET VALUE MODERNIZATION NUMBER OF HOUSEHOLDS NUMBER OF PEOPLE NUMBER OF PERSONS OCCUPATION OLDER WORKERS OPEN UNEMPLOYMENT PAID WORKER PAID WORKERS PAYING JOBS PERMANENT JOBS POLICY IMPLICATIONS PREVIOUS WORK PREVIOUS WORK EXPERIENCE PRIMARY EDUCATION PRIME AGE PRIVATE EMPLOYMENT PRIVATE SECTOR PRIVATE SECTOR WORKERS PRODUCT MARKET PRODUCTIVE EMPLOYMENT PRODUCTIVE INDUSTRIES PRODUCTIVITY GAINS PRODUCTIVITY GROWTH PRODUCTIVITY IMPROVEMENTS PROGRESS PUBLIC EMPLOYMENT PUBLIC EMPLOYMENT SERVICES PUBLIC SECTOR WORKER PUBLIC SECTOR WORKERS PUBLIC SERVICES QUALITY ASSURANCE QUALITY EDUCATION QUALITY OF EDUCATION QUALITY SERVICES REAL WAGE REAL WAGES REGULAR EMPLOYMENT RESPECT RURAL AREAS RURAL POVERTY RURAL WORKERS RURAL YOUTH SECONDARY EDUCATION SERVICE SECTORS SEX SHORT-TERM UNEMPLOYMENT SICK LEAVE SKILL LEVEL SKILL REQUIREMENTS SKILL SHORTAGES SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SOCIAL SECURITY SOCIAL SERVICES SOCIAL WELFARE SPOUSES TAX ADMINISTRATION TECHNICAL EDUCATION TECHNICAL SKILLS TEMPORARY JOBS TERTIARY EDUCATION TOTAL EMPLOYMENT TOTAL UNEMPLOYMENT TRADE UNIONS TRANSITION ECONOMIES TRANSPORT UNEMPLOYED UNEMPLOYED PERSON UNEMPLOYMENT UNEMPLOYMENT DURATION UNEMPLOYMENT PROBLEM UNEMPLOYMENT RATE UNEMPLOYMENT SPELLS UNIVERSITY DEGREE UNIVERSITY EDUCATION UNIVERSITY GRADUATES URBAN AREAS URBAN EMPLOYMENT URBAN WORKERS VOCATIONAL TRAINING WAGE DETERMINATION WAGE DIFFERENTIAL WAGE DISPERSION WAGE DISTRIBUTION WAGE EMPLOYMENT WAGE GAP WAGE GROWTH WAGE INEQUALITY WAGE PREMIUM WAGE STRUCTURE WORKER WORKERS WORKFORCE SKILLS WORKING POOR YOUNG PEOPLE YOUNG WOMEN YOUNG WORKERS YOUTH EMPLOYMENT YOUTH UNEMPLOYMENT YOUTH UNEMPLOYMENT RATE World Bank Armenia : Promoting Productive Employment
geographic_facet	Europe and Central Asia Armenia
description	This paper examines labor market outcomes in Armenia and their impact on poverty. The outcomes are of considerable concern: relatively few persons of working age are employed, and many of those who are employed have low-productivity jobs. The problem is not only high unemployment, but also low labor force participation. The main factor behind the low employment/population ratio is weak labor demand and the scarcity of productive job opportunities. This paper begins in section one by discussing the main labor market challenges in Armenia, before focusing on unemployment in section two. Section three analyzes the nature of employment and jobs, while section four examines wage determination and structure. Section five then evaluates the relationship between individuals' and households' labor market status and poverty. Finally, section six concludes with policy implications of the analysis. In order to reach the 60 percent employment rate Armenia would need to create an additional 166,000 jobs. This will lead to a 14 percent increase in employment, and to some decrease in unemployment. More jobs need to be created to absorb the growing labor surplus. This implies growing unemployment and a decline in the already low employment rate. Accelerating the pace of job creation is thus one of the main social challenges facing policymakers in Armenia. Furthermore, it is important that in the longer term, wage growth does not exceed labor productivity growth. Otherwise, competitiveness of the Armenian economy could suffer due to a growth in the unit labor cost, which in turn, can have a detrimental effect on job creation.
format	Economic & Sector Work :: Policy Note
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Armenia : Promoting Productive Employment
title_short	Armenia : Promoting Productive Employment
title_full	Armenia : Promoting Productive Employment
title_fullStr	Armenia : Promoting Productive Employment
title_full_unstemmed	Armenia : Promoting Productive Employment
title_sort	armenia : promoting productive employment
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2012/09/17368635/armenia-promoting-productive-employment http://hdl.handle.net/10986/13247
_version_	1764422747777138688
spelling	okr-10986-132472021-04-23T14:03:06Z Armenia : Promoting Productive Employment World Bank ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING ADB AGRICULTURAL PRODUCTIVITY ANNUAL LEAVE AVERAGE WAGE CAPACITY BUILDING CHOICE OF OCCUPATION DEVELOPMENT ECONOMICS DISCRIMINATION DISCRIMINATION AGAINST WOMEN EARNING EARNINGS INEQUALITY EARNINGS REGRESSIONS ECONOMIC CONDITIONS ECONOMIC GROWTH EDUCATED WORKFORCE EDUCATION SECTOR EDUCATIONAL ATTAINMENT EDUCATIONAL LEVELS EDUCATIONAL SYSTEM EMPLOYABILITY EMPLOYEE EMPLOYEE BENEFITS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT OFFICE EMPLOYMENT OFFICES EMPLOYMENT OPPORTUNITIES EMPLOYMENT OUTCOMES EMPLOYMENT OUTLOOK EMPLOYMENT PROMOTION EMPLOYMENT RATE EXPECTED WAGE FAMILY MEMBERS FEMALE EMPLOYMENT FINANCIAL SERVICES FIRING COSTS FIRM ENTRY FIRM GROWTH FORMAL LABOR MARKET FORMAL SECTOR WAGE FORMAL SECTOR WORKERS GLOBAL COMPETITIVENESS GROSS DOMESTIC PRODUCT HEALTH CARE HIGH UNEMPLOYMENT HIGH WAGE HIGH WAGES HIGHER PRODUCTIVITY HOUSEHOLD EARNING HOUSEHOLD WORK HUMAN CAPITAL HUMAN DEVELOPMENT INCIDENCE OF POVERTY INCOME INDIVIDUAL WELFARE INDUSTRIAL RESTRUCTURING INFORMAL EMPLOYMENT INFORMAL SECTOR INFORMAL SECTOR WORKERS INTERNATIONAL LABOR ORGANIZATION INVESTMENT IN EDUCATION JOB COUNSELING JOB CREATION JOB INSECURITY JOB LOSS JOB OPPORTUNITIES JOB PLACEMENT JOB PLACEMENT SERVICES JOB SEARCH JOB SEARCH ASSISTANCE JOB VACANCIES JOBS LABOR COST LABOR DEMAND LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET DYNAMICS LABOR MARKET ISSUES LABOR MARKET NEEDS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MOBILITY LABOR ORGANIZATION LABOR PRODUCTIVITY LABOR PRODUCTIVITY GROWTH LABOR REGULATIONS LABOR RESOURCES LABOR SUPPLY LABOUR LABOUR MARKET LAYOFF LIVING CONDITIONS LONG-TERM UNEMPLOYMENT LOW EMPLOYMENT MARKET ECONOMY MARKET ENTRY MARKET VALUE MODERNIZATION NUMBER OF HOUSEHOLDS NUMBER OF PEOPLE NUMBER OF PERSONS OCCUPATION OLDER WORKERS OPEN UNEMPLOYMENT PAID WORKER PAID WORKERS PAYING JOBS PERMANENT JOBS POLICY IMPLICATIONS PREVIOUS WORK PREVIOUS WORK EXPERIENCE PRIMARY EDUCATION PRIME AGE PRIVATE EMPLOYMENT PRIVATE SECTOR PRIVATE SECTOR WORKERS PRODUCT MARKET PRODUCTIVE EMPLOYMENT PRODUCTIVE INDUSTRIES PRODUCTIVITY GAINS PRODUCTIVITY GROWTH PRODUCTIVITY IMPROVEMENTS PROGRESS PUBLIC EMPLOYMENT PUBLIC EMPLOYMENT SERVICES PUBLIC SECTOR WORKER PUBLIC SECTOR WORKERS PUBLIC SERVICES QUALITY ASSURANCE QUALITY EDUCATION QUALITY OF EDUCATION QUALITY SERVICES REAL WAGE REAL WAGES REGULAR EMPLOYMENT RESPECT RURAL AREAS RURAL POVERTY RURAL WORKERS RURAL YOUTH SECONDARY EDUCATION SERVICE SECTORS SEX SHORT-TERM UNEMPLOYMENT SICK LEAVE SKILL LEVEL SKILL REQUIREMENTS SKILL SHORTAGES SKILLED WORKERS SKILLED WORKFORCE SKILLS DEVELOPMENT SOCIAL SECURITY SOCIAL SERVICES SOCIAL WELFARE SPOUSES TAX ADMINISTRATION TECHNICAL EDUCATION TECHNICAL SKILLS TEMPORARY JOBS TERTIARY EDUCATION TOTAL EMPLOYMENT TOTAL UNEMPLOYMENT TRADE UNIONS TRANSITION ECONOMIES TRANSPORT UNEMPLOYED UNEMPLOYED PERSON UNEMPLOYMENT UNEMPLOYMENT DURATION UNEMPLOYMENT PROBLEM UNEMPLOYMENT RATE UNEMPLOYMENT SPELLS UNIVERSITY DEGREE UNIVERSITY EDUCATION UNIVERSITY GRADUATES URBAN AREAS URBAN EMPLOYMENT URBAN WORKERS VOCATIONAL TRAINING WAGE DETERMINATION WAGE DIFFERENTIAL WAGE DISPERSION WAGE DISTRIBUTION WAGE EMPLOYMENT WAGE GAP WAGE GROWTH WAGE INEQUALITY WAGE PREMIUM WAGE STRUCTURE WORKER WORKERS WORKFORCE SKILLS WORKING POOR YOUNG PEOPLE YOUNG WOMEN YOUNG WORKERS YOUTH EMPLOYMENT YOUTH UNEMPLOYMENT YOUTH UNEMPLOYMENT RATE This paper examines labor market outcomes in Armenia and their impact on poverty. The outcomes are of considerable concern: relatively few persons of working age are employed, and many of those who are employed have low-productivity jobs. The problem is not only high unemployment, but also low labor force participation. The main factor behind the low employment/population ratio is weak labor demand and the scarcity of productive job opportunities. This paper begins in section one by discussing the main labor market challenges in Armenia, before focusing on unemployment in section two. Section three analyzes the nature of employment and jobs, while section four examines wage determination and structure. Section five then evaluates the relationship between individuals' and households' labor market status and poverty. Finally, section six concludes with policy implications of the analysis. In order to reach the 60 percent employment rate Armenia would need to create an additional 166,000 jobs. This will lead to a 14 percent increase in employment, and to some decrease in unemployment. More jobs need to be created to absorb the growing labor surplus. This implies growing unemployment and a decline in the already low employment rate. Accelerating the pace of job creation is thus one of the main social challenges facing policymakers in Armenia. Furthermore, it is important that in the longer term, wage growth does not exceed labor productivity growth. Otherwise, competitiveness of the Armenian economy could suffer due to a growth in the unit labor cost, which in turn, can have a detrimental effect on job creation. 2013-04-22T19:37:13Z 2013-04-22T19:37:13Z 2012-09 http://documents.worldbank.org/curated/en/2012/09/17368635/armenia-promoting-productive-employment http://hdl.handle.net/10986/13247 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Europe and Central Asia Armenia

Armenia : Promoting Productive Employment

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