Changes in the structure of Armenia’s labour resources between 1993 and 2020
Changes in the structure of Armenia’s labour resources between 1993 and 2020

Summary/Abstract: The article characterises the structure of Armenia’s labour resources in the period between 1993 and 2020. It aims to assess the changes on the Armenian labour market by means of a deductive analysis of historical data and observation of changes in the structure of resources based on generally available macroeconomic data. The authors evaluate these processes against the background of demographic and economic changes, by presenting and describing statistical data. Variables such as data on the economic situation of the country (income capita, inflation rate and unemployment), demographic data (employment structure, population structure, migration) are used for the analysis. The analysis demonstrates that the COVID-19 pandemic and the Nagorno-Karabakh conflict led to an economic downturn in Armenia, with GDP per capita falling, and inflation rising. A more rapid decrease in employment could be observed in 2020, manifesting itself in a declining number of employees, self-employed and entrepreneurs. A much more significant drop in employment was observed in urban areas than in the countryside, although the total number of agricultural workers in Armenia decreased compared to the 1990s. The governmental measures and programmes aimed at protecting jobs and businesses and mitigating the effects of the COVID-19 pandemic proved to be insufficient. In 2020, fewer citizens emigrated from Armenia as a result of the state of the emergency maintained from March to June 2020 and the closing of state borders.

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