UNDP and AMAA support the fresh graduates to enter the labor market

29 Jul 2013

imageFresh graduates

Yerevan, 29 July 2013 – 60 Armenian fresh graduates were hosted in 21 local companies for 6-month paid internship as a result of the 4th round of UNDP “Youth Career Trail” project, co-sponsored by Armenian Missionary Association of America (AMAA). Thirty of the graduates have been employed at the location of their internships. The other thirty are expected to find employment shortly as they have earned valuable job experience.

Youth Career Trail is a paid internship program, which offers fresh graduates an opportunity to be involved for the first time in employment relevant to their education and gain valuable work experience and practical knowledge to be more competitive in the modern labor market.

“Youth unemployment is a key development challenge in Armenia, and the situation with the educated youth is a special issue. On one hand, youth face difficulties in finding decent employment as they lack work experience. On the other hand, companies and organizations state that fresh graduates are not ready for immediate employment as they lack work experience, skills and practical knowledge in their fields. Therefore, in partnership with AMAA, we tried to facilitate the smooth transition of unemployed youth into the labor market,” said Bradley Busetto, UN Resident Coordinator/UNDP Resident Representative in Armenia.

“The AMAA and UNDP have developed a close working relationship over the last few years as they share common concerns regarding the economic conditions in Armenia. Both organizations are concerned about youth unemployment which has resulted in the exodus of young people from Armenia. The YCT program will help keep youth in Armenia. Our intention is to continue this program,” noted Harout Nercessian, AMAA Armenia Representative.

Mr. Levon Filian, AMAA Executive Director noted, “We value our partnership with the UNDP. Together, we are able to achieve significant results to help young people find employment and stay in the country. The two organizations are exploring other job and income generation programs to help reduce youth unemployment in Armenia. We are also most pleased with our cooperation in environmental construction.”

63 Armenia-based companies and organizations, involved in IT, tourism, insurance, finance, food processing, education and other sectors, have applied to host interns for a period of 6 months. Approximately 800 graduates have applied for the available internship positions and 60 graduates were selected in a competitive interview process, led by representatives of UNDP in Armenia and local companies. Financial and IT sectors hosted the biggest number of graduates (27% and 15% respectively). Institutions of higher education were also active in hiring staff for various administrative divisions.

During 2007-2009, UNDP Armenia implemented 3 rounds of the YCT initiative, which turned to be popular and of high demand among both the university graduates and employers. In total, 118 fresh graduates passed the YCT internship in Yerevan and 6 regions of Armenia and around 50 percent of the interns were offered permanent employment by the host organizations at the end of their internships.

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UNDP partners with people at all levels of society to help build nations that can withstand crisis, and drive and sustain the kind of growth that improves the quality of life for everyone. On the ground in 177 countries and territories, we offer global perspective and local insight to help empower lives and build resilient nations. UNDP in Armenia has been established in March 1993 and supports the government to reach national development priorities and the Millennium Development Goals by 2015.