G.T. Manukyan (manukyan5555@mail.ru)
Abstract
The current socio-economic situation in the Republic of Armenia is characterized by instability, insufficient investments in the field of economy, science and education and low living standards of the population. The latter aggravates the situation both in the labor market and in the field of labor migration in crisis conditions. Along with that, it is necessary to reduce the deformation of social and labor relations, which leads to the reduction of the possibility of exploitation of the labor force, in particular, due to low wages, noncompliance with labor protection requirements and norms, and its use. It is important to study the dynamics of the unemployed, unemployment in periods of economic ups and downs, as well as use these indicators to predict the unemployment rate, follow business cycles. Furthermore, the analysis of unemployment flows together with other labor market indicators can help to understand the causes of the labor market situation and prepare policy recommendations. To more fully understand the variation in the unemployment rate, it is important to estimate the variation in the transition rate from employment to unemployment and vice versa.
The purpose of the article is to study the characteristics of unemployment in the Republic of Armenia under the conditions of Covid 19, which can contribute to the adoption of recommendations for ensuring labor market balance.
The theoretical and methodological basis for the study is the works related to the macro level, conference articles, statistical publications. Findings from the study, analysis, and synthesis were used to draw conclusions about the main findings of the study.
Key words: crisis situation, labor resource, workforce, labor market, unemployed, officially unemployed, unemployment rate.
PAGES: 52-65