Economy
Unemployment up, as are newly created jobs, according to new data PDF Print E-mail
News - Economy
Monday, 11 August 2008 07:40

Just released labor statistics by the Bank of Mongolia show unemployment increased by 7.8 percent in Mongolia, or 2,300 people, in the first half of 2008. 

The total number of unemployed in the country is recorded at 32,200 people. These are people registered for benefits and actively seeking employment.  

Of note, the report of the National Statistics Committee detailed that monthly wages rose by 61.6 percent, or MNT 95.3 thousand, from the beginning of the year, reaching MNT 250.0 thousand. 

Also, 22,000 new jobs were created in Mongolia in 2008.

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