Employment - Continuously improving economic situation in Belarus in the social and labor sphere gradually stabilises the employment level in the economy real sector. Currently, the unemployment level in the republic is 2.0% (in percentage to the economically active population).
Since the priority is given to final sectors of the manufacturing industry, such as motor industry, tractor and agricultural machinery building, optical, radioelectronics, precise instrument-making and other industries requiring a highly qualified labor, Belarus has developed an efficient qualified personnel training system promoting a high educational level of the population. Currently, there are 439 employees with higher and secondary specialized education and 580–690 (depending on the sector) employees in the service sphere for 1,000 people employed in the real sector of the economy.
To financially assist the unemployed and fund actions to promote employment, the State Employment Promotion Fund has been established to be included in the budget. Compulsory contributions from enterprises, organizations and businessmen and subsidies from the national and local budgets, as well as other revenues form the Fund’s resources. The Fund’s money are spent to pay unemployment allowances, stipends during professional training and retraining, children allowances, and to provide financial support. The Fund’s resources are used to finance public works and administrative expenses to cover the Employment Service operation.
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