Two years after the twice devaluation of the manat and three years after world oil prices plummeted, official statistics in Azerbaijan suggest a rosy picture of the economy. Meanwhile, local companies continue to shut down, each day adding more people to the country’s army of unemployed.
Faced with staggering unemployment and unscrupulous employers, young people in Armenia, including graduates, are forced to work obscene hours for low (or no) pay to get a foot through the door in the country’s labour market.
Chechnya, like many other modern-day republics of the Russian Federation, has experienced desolation of highland villages and an outflow of people, mostly young people, to the cities in the plains. People commonly say that they leave their ancestral villages in search of a ‘better life’. In fact, the reality often falls short of the migrants’ expectations, because even the largest city with its shiny skyscrapers often can’t give them what they’re looking for.
Young people in Georgia are optimistic about their future employability, according to a study unveiled on 23 January by the German political foundation, the Friedrich-Ebert-Stiftung. According to the study, 41% of young people aged 14–29 are in education, with 71% of these feeling optimistic about their employment opportunities. [Read more…]
A new poll reveals that Georgians are most anxious about economic issues and the top issue remains to be jobs, while very few of them believe that their household is now better-off than it was in 2012, when the government changed. The poll also revealed declining numbers of Georgians supporting EU and NATO membership, though the overall number remains high. [Read more…]