The number of unemployed persons in Armenia decreased to 64.10 Thousand in May of 2019 from 64.60 Thousand in April of 2019. Unemployed Persons in Armenia averaged 80.98 Thousand from 2003 until 2019, reaching an all time high of 128 Thousand in February of 2003 and a record low of 55.60 Thousand in November of 2013.
Unemployed Persons in Armenia is expected to be 67.90 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Armenia to stand at 67.80 in 12 months time. In the long-term, the Armenia Unemployed Persons is projected to trend around 67.60 Thousand in 2020, according to our econometric models.